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Fly News Breaks for August 17, 2017
NTAP
Aug 17, 2017 | 06:30 EDT
NetApp reported "strong" Q1 results last night, with revenue, margins and earnings all exceeding guidance and consensus, Piper Jaffray analyst Andrew Nowinski tells investors in a research note. He raised his price target for the shares to $52 from $50 and reiterates an Overweight rating on the name. The analyst views NetApp's guidance as conservative.
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.