Lake Street Capital Markets Downgrades NetApp (NTAP) to Hold

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Go back to Lake Street Capital Markets Downgrades NetApp (NTAP) to Hold

Wunderlich Securities Starts NetApp (NTAP) at Hold, Stock Viewed as Fairly Valued

March 13, 2014 9:11 AM EDT

Wunderlich Securities initiates coverage on NetApp (NASDAQ: NTAP) with a Hold rating and a price target of $44.00.

Analyst Kaushik Roy said, "NTAP sells mid-range and high-end data storage systems to enterprises. NetApp augmented its product portfolio in May 2011 when it purchased LSI Corporation's... More

NetApp (NTAP) Plans 600 Job Cuts

March 12, 2014 4:23 PM EDT

On March 12, 2014, NetApp, Inc. (Nasdaq: NTAP) committed to a business realignment plan designed to focus its resources on key strategic initiatives and streamline its business in light of the constrained IT spending environment. The Company expects that the business realignment plan will be... More