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Fly News Breaks for August 21, 2017
NTAP
Aug 21, 2017 | 08:26 EDT
Argus analyst Jim Kelleher upgraded NetApp to Buy and established a $46 price target on shares following recent weakness from a recent peak above $45. Kelleher believes NetApp is positioned to drive revenue and earnings growth for at least a year, driven by improving product sales and sees potential for multiyear growth as service and maintenance revenues begin to benefit from an increase in the installed base.
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.