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Fly News Breaks for August 16, 2018
NTAP
Aug 16, 2018 | 08:53 EDT
Lake Street analyst Eric Martinuzzi said the impact of Enterprise License Agreements should not distract investors from the continued strength of NetApp's core all flash array business, adding that the company's operating margin guidance was raised and that its Q2 revenue and EPS guidance is in-line with consensus. Following NetApp's Q1 beat, Martinuzzi reiterated his Buy rating and raised his price target to $88 from $72.
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