Information Provided By:
Fly News Breaks for August 16, 2018
NTAP
Aug 16, 2018 | 07:21 EDT
Stifel analyst Matthew Sheerin noted that NetApp's first quarter revenue and adjusted EPS beat his expectations, with most of the upside coming from enterprise-licensing agreements from large customers. He also noted that NetApp expects the move to all-flash storage to accelerate as flash memory pricing declines. Sheerin raised his FY19 and FY20 revenue and EPS estimates following the report and maintains his Buy rating and $91 price target on NetApp shares.
News For NTAP From the Last 2 Days
There are no results for your query NTAP