Argus analyst Jim Kelleher raised his price target on NetApp (NTAP) to $90 and kept his Buy rating, citing the company's new offerings along with its partner Cisco (CSCO) in their FlexPod data management solutions business. The analyst notes that the first of these solutions designed to simplify IT infrastructure and data management for healthcare customers and organizations has already been launched, with more verticals expected to be addressed by additional solutions later this year. While "vanishing into Cisco's vast P&L", Kelleher tells investors that FlexPod is a material part of NetApp's business, adding that its market share may grow as rival Dell EMC is focused to bring a part of the company public.

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Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here