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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.
News For NTAP From the Last 2 Days
NTAP
Apr 17, 2024 | 13:16 EDT
Bearish flow noted in NetApp with 1,299 puts trading, or 2x expected. Most active are 4/26 weekly 98 puts and 4/26 weekly 97 puts, with total volume in those strikes near 830 contracts. The Put/Call Ratio is 2.39, while ATM IV is up over 1 point on the day. Earnings are expected on May 30th.