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Fly News Breaks for August 24, 2016
NTAP
Aug 24, 2016 | 05:41 EDT
Goldman analyst Simona Jankowski upgraded NetApp to Neutral and raised its price target to $32 from $26 citing balanced risk/reward. The analyst is more positive on NetApp's improved positioning in the transition to all flash, better trends, and ongoing cost reductions.
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.