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Fly News Breaks for December 22, 2015
NTAP
Dec 22, 2015 | 08:19 EDT
Baird lowered its price target on NetApp to $35 from $40 following its announced offer to buy SolidFire. The firm sees the acquisition as the right one, as it positions the company with a multi-tiered AFA product portfolio. Baird maintained its Outperform rating on NetApp shares, noting the company maintained its buyback and dividend program.
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