Northland raised the firm’s price target on NetApp (NTAP) to $120 from $108 and keeps a Market Perform rating on the shares. The company reported a slight beat and raise quarter, driven largely by AFA strength, the analyst tells investors in a research note. However, the firm says the window for the next wave of native artificial intelligence data management startups remains open, tempering its enthusiasm around NetApp.
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Read More on NTAP:
- NetApp price target raised to $140 from $130 at Evercore ISI
- NetApp price target raised to $140 from $135 at Wells Fargo
- NetApp price target raised to $160 from $145 at TD Cowen
- NetApp price target raised to $121 from $115 at BofA
- NetApp price target raised to $132 from $127 at Morgan Stanley
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
