NetApp Inc. (NTAP) has been the center of attention in the financial market, with the potential to beat estimates in its next earnings report. The company noted a minor shift in stocks with movement of -0.06%. Despite this, NTAP was upgraded by BofA Securities owing to its successful advancement in AI and positive cloud growth potential. The tech giant's recent emergence in AI-based cyber resilience with the launch of ASA Storage Systems was markedly been identified as a strong business commitment. However, concerns remain about fluctuations in AI market demand. NTAP is also catching investors' eye as it has successfully maintained momentum in the stock market, besides experiencing some daily dips. Turning to corporate activity, the company had an insider sale with Vice President Daniel De Lorenzo selling all common shares. Moreover, NTAP partnered with AWS Outposts for hybrid cloud deployments advancing its cloud portfolio. On the flip side, Susquehanna downgraded NTAP due to increased downside risk. Amid this, NTAP and 49ers teamed up to enhance fan engagement at Levi's Stadium illustrating the tech firm's initiatives beyond data storage.
Netapp NTAP News Analytics from Tue, 04 Jun 2024 07:00:00 GMT to Sat, 22 Feb 2025 17:39:24 GMT -
Rating 8
- Innovation 7
- Information 5
- Rumor 3
