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Fly News Breaks for September 22, 2015
NTAP
Sep 22, 2015 | 06:27 EDT
Goldman assumed coverage on NetApp with a Sell rating from a Neutral rating and a $30 price target. The firm expects NetApp's revenues and margins to decline over the next two years due to disruptive Clustered ONTAP product transition, flat to negative storage industry growth, and potential debt offering to fund buyback goals.
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