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Fly News Breaks for February 14, 2019
NTAP
Feb 14, 2019 | 08:40 EDT
Wells Fargo analyst Aaron Rakers lowered his price target for NetApp to $70 from $80 as the company's Q3 results and Q4 outlook will leave him focused on forward demand trends as NetApp reported incrementally cautious customer buying behavior during the month of January. The analyst reiterates a Market Perform 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.
