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Fly News Breaks for September 19, 2017
NTAP
Sep 19, 2017 | 06:21 EDT
UBS analyst Steven Milunovich upgraded NetApp to Buy and raised his price target for the shares to $45 from $42. NetApp's product position is improved with a re-write of its storage software contributing to all-flash success, Milunovich tells investors in a research note. He believes improving product sales should reverse the decline in services revenue. The analyst views the stock's risk/reward as attractive at current levels.
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.
