Information Provided By: 
Fly News Breaks for April 6, 2018
NTAP
Apr 6, 2018 | 06:04 EDT
Piper Jaffray analyst Andrew Nowinski raised his price target for NetApp to $75 from $72 following yesterday's analyst day. The company is a "good core holding" and is well positioned to capitalize on all the key growth drivers of the storage market, including all-flash, hyperconverged and public cloud services, Nowinski tells investors in a research note. He believes NetApp offers "best-in-class capital return, with a strong dividend yield and a large share repurchase commitment." Nowinski reiterates an Overweight rating on the shares.
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.
