LPL Financial and Benjamin Edwards are among several entities who have significantly reduced their stake in
NetApp Inc. (NTAP). However, Mizuho Securities USA LLC and Westpac Banking are maintaining a hefty investment. Meanwhile, several new investments have been initiated, such as by Harfst & Associates and Nuveen.
Citigroup Analysts have raised
NetApp price target to $115 based on strong market performance. Nevertheless, the company has displayed technical weakness causing mixed signals amid market volatility. The company's AWS integration is seen as a staunch move towards cementing its prowess in
Cloud Data Security. NetApp's stock has been fluctuating causing increased investor attention, particularly following their Q4 earnings report which revealed record revenue and strategic AI growth.
NetApp's board response to shareholder rights proposals are anticipated to influence its governance outlook. Despite the Q1 sales beating estimates, the full-year sales guidance slightly misses expectations. However, Barclays has upgraded NetApp, reflecting its optimistic future.
Netapp NTAP News Analytics from Wed, 19 Mar 2025 07:00:00 GMT to Sun, 17 Aug 2025 00:50:53 GMT -
Rating 5
- Innovation 4
- Information 7
- Rumor 3
