NetApp Gets Price Target Hikes After Analyst Meeting

By | June 25, 2014

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Analysts are divided on NetApp’s growth prospects after the data-management company’s analyst day, but at least four investment banks raised their price targets on the stock. Not all investors are convinced. NetApp (NTAP) stock was down more than 1% in midday trading in the stock market today, near 35.50. Piper Jaffray raised its price target on the company to 42 a share from 40, and Brean Capital to 42 from 39. Pacific Crest Securities upped its Scalper1 News

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