Page 5 - Cloud Optimization News Today

Equities research analysts forecast that NetApp, Inc. (NASDAQ:NTAP – Get Rating) will report sales of $1.69 billion for the current quarter, according to Zacks Investment Research. Nine analysts have made estimates for NetApp’s earnings, with the highest sales estimate coming in at $1.69 billion and the lowest estimate coming in at $1.68 billion. NetApp reported […]

Chevy Chase Trust Holdings Inc. reduced its stake in shares of NetApp, Inc. (NASDAQ:NTAP – Get Rating) by 2.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 134,116 shares of the data storage provider’s stock after selling 3,427 shares during the quarter. Chevy Chase Trust Holdings Inc.’s holdings in NetApp were worth […]

ARK Investment Management LLC acquired a new position in NetApp, Inc. (NASDAQ:NTAP – Get Rating) during the 4th quarter, HoldingsChannel reports. The fund acquired 2,133 shares of the data storage provider’s stock, valued at approximately $196,000. Several other hedge funds and other institutional investors have also bought and sold shares of NTAP. Morgan Stanley raised […]

Tokio Marine Asset Management Co. Ltd. boosted its holdings in NetApp, Inc. (NASDAQ:NTAP – Get Rating) by 60.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,107 shares of the data storage provider’s stock after purchasing an additional 1,540 shares during the quarter. […]

Bank of America downgraded shares of NetApp (NASDAQ:NTAP – Get Rating) from a buy rating to a neutral rating in a research report sent to investors on Thursday morning, Marketbeat reports. The firm currently has $96.00 price target on the data storage provider’s stock, down from their prior price target of $100.00. A number of […]

NetApp, Inc. (NASDAQ:NTAP – Get Rating) – Wedbush dropped their Q3 2023 earnings estimates for NetApp in a report released on Wednesday, March 23rd. Wedbush analyst M. Bryson now anticipates that the data storage provider will post earnings per share of $1.22 for the quarter, down from their prior estimate of $1.30. Wedbush currently has […]

NetApp (NASDAQ:NTAP – Get Rating) issued an update on its fourth quarter 2022 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $1.210-$1.310 for the period, compared to the Thomson Reuters consensus estimate of $1.350. The company issued revenue guidance of $1.64 billion-$1.74 billion, compared to the consensus revenue estimate […]

Brokerages expect NetApp, Inc. (NASDAQ:NTAP – Get Rating) to report sales of $1.69 billion for the current quarter, according to Zacks Investment Research. Eight analysts have provided estimates for NetApp’s earnings. The highest sales estimate is $1.69 billion and the lowest is $1.68 billion. NetApp posted sales of $1.56 billion during the same quarter last […]

NetApp (NASDAQ:NTAP – Get Rating)‘s stock had its “outperform” rating reissued by stock analysts at William Blair in a report released on Wednesday, RTT News reports. William Blair also issued estimates for NetApp’s FY2024 earnings at $5.37 EPS. Other equities research analysts have also recently issued research reports about the company. Morgan Stanley decreased their […]

NetApp (NASDAQ:NTAP – Get Rating) had its target price lifted by equities researchers at Northland Securities from $111.00 to $124.00 in a research report issued to clients and investors on Wednesday, The Fly reports. The brokerage presently has an “outperform” rating on the data storage provider’s stock. Northland Securities’ price objective suggests a potential upside […]