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Fly News Breaks for February 14, 2019
NTAP
Feb 14, 2019 | 05:01 EDT
JPMorgan analyst Paul Coster downgraded NetApp to Neutral and lowered his price target for the shares to $75 from $80. The company reported "solid" Q3 earnings and guidance but its "soft" revenues "raise questions," Coster tells investors in a research note. The analyst expects the shares to be range-bound pending better visibility. William Blair this morning also downgraded NetApp.
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.