NetApp Inc. (NASDAQ:NTAP) stock price target increased to $36.00, reported today by Susquehanna
- Updated: September 17, 2016
Susquehanna upped the price target of NetApp Inc. (NASDAQ:NTAP) to $36, stating a possible upside of 0.04%.
Yesterday NetApp Inc. (NASDAQ:NTAP) traded 0.68% lower at $34.71. NetApp Inc.’s 50-day moving average is $31.90 and its two hundred day average is $26.83. With the last stock price close up 29.77% from the two hundred day average, compared to the S&P 500 which has fallen -0.01% over the date range. Trading volume was was up over the average, with 5,182,676 shares of NTAP changing hands over the typical 3,154,730 shares..
See Graphic Below:
NetApp Inc. has a one-year low of $20.66 and a one-year high of $35.68 with a PE ratio of 31 and has a market cap of $0.0.
A total of 25 brokerages have issued a report on the stock. One analyst rate the stock a strong buy, one firm rate the company a buy, 23 firms rate the stock a hold, 10 brokerages rate the company to underperform, and finally one firmrate the company as sell with a consensus target price of $24.90
About 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, and systems management tools and cloud management platforms.
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