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Fly News Breaks for June 2, 2015
HILL, NMBL, NTAP
Jun 2, 2015 | 06:46 EDT
Piper Jaffray lowered its price target for NetApp (NTAP) to $30 saying the departure of CEO Tom Georgens will make it difficult and costly for the company to "mitigate the already high levels of attrition." Piper keeps a Neutral rating on the stock and recommends investors look to Nimble Storage (NMBL) and Dot Hill Systems (HILL) for better investment opportunities.
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