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Fly News Breaks for August 16, 2019
NTAP
Aug 16, 2019 | 07:05 EDT
Citi analyst Jim Suva lowered his price target for NetApp to $40 from $55 and maintains a Sell rating on the shares. Limited incremental information was provided on the company's earnings call that would help investors feel better about its execution with year-over-year sales and earnings growth now inflecting to show negative growth, Suva tells investors in a research note.
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