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Credit Suisse Group AG upgraded NetApp Inc. (NASDAQ:NTAP) to Neutral in a report released today.

Credit Suisse Group AG has upgraded NetApp Inc. (NASDAQ:NTAP) to Neutral in a statement released on 5/25/2017.

Having a price of $39.56, NetApp Inc. (NASDAQ:NTAP) traded 0.66% higher on the day. With the last stock price down 9.37% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.02% over the same period. NTAP has recorded a 50-day average of $40.69 and a two hundred day average of $40.73. Trade Volume was up over the average, with 3,263,799 shares of NTAP changing hands over the typical 3,141,700

Recent Performance Chart

NetApp Inc. (NASDAQ:NTAP)

NetApp Inc. has PE ratio of 21.51 with a one year low of $30.36 and a one year high of $45.24 and has a market capitalization of $0.

A total of 25 brokerages have released a report on NetApp Inc.. One brokerage rating the company a strong buy, one brokerage rating the company a buy, twenty-three brokerages rating the company a hold, ten brokerages rating the company a underperform, and finally one brokerage rating the company a sell with a 12-month price target of $24.90.

General Company Details For NetApp Inc. (NASDAQ:NTAP)

NetApp, Inc. (NetApp) provides software, systems and services to manage and store customer data. The Company enables enterprises, service providers, governmental organizations, and partners to envision, deploy and evolve their information technology (IT) environments. The Company offers a portfolio of products and services that satisfy a range of customer workloads across different data types and deployment models. Its data management and storage offerings help manage business productivity, performance and profitability, while providing investment protection and asset utilization. The Company's FlexPod portfolio includes FlexPod Datacenter for core enterprise data centers and service providers, FlexPod Express for medium-sized businesses and branch offices, and FlexPod Select for data-intensive workloads. The portfolio is validated with hypervisors, operating systems, systems management tools and cloud management platforms.

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