Morgan Stanley Maintains Equal-Weight on NetApp, Lowers Price Target to $66
Morgan Stanley analyst Meta Marshall maintains NetApp (NASDAQ:NTAP) with a Equal-Weight and lowers the price target from $71 to $66.
Susquehanna Maintains Neutral on NetApp, Lowers Price Target to $65
Susquehanna analyst Mehdi Hosseini maintains NetApp (NASDAQ:NTAP) with a Neutral and lowers the price target from $75 to $65.
Barclays Maintains Overweight on NetApp, Lowers Price Target to $83
Barclays analyst Tim Long maintains NetApp (NASDAQ:NTAP) with a Overweight and lowers the price target from $95 to $83.
NetApp Sees Q3 Revenue $1.525B-$1.675B Vs $1.71B Est., Adj. EPS $1.25-$1.35 Vs $1.44 Est.; Sees FY23 Adj. EPS $5.30-$5.50 Vs $5.52 Est.
Third quarter of fiscal year 2023 financial outlook
The Company provided the following financial guidance for the third quarter of fiscal year 2023:
Net revenues are expected
NetApp Q2 Adj. EPS $1.48 Beats $1.33 Estimate, Sales $1.66B Miss $1.68B Estimate
NetApp (NASDAQ:NTAP) reported quarterly earnings of $1.48 per share which beat the analyst consensus estimate of $1.33 by 11.28 percent. This is a 15.62 percent increase over earnings of $1.28 per share from the same
Nasdaq, S&P Futures Jump As China Signals COVID-19 Policy Relief — Tesla, Alibaba, Energy Stocks In Focus
U.S. stocks could rebound on Tuesday following the China-induced sell-off seen in the previous session. The index futures were trading uniformly higher after a COVID-19 policy review by Chinese health officials.
Investor Sentiment Declines Amid Protests Over COVID Restrictions In China
The CNN Money Fear and Greed index showed further easing in sentiment among US investors after the Dow Jones dropped around 500 points on Monday.
China continued to impose stricter COVID-19 restrictions amid surge in new cases. The restrictions impacted the life of the common man, prompting people to resort to protests.
Intuit, Hewlett Packard Enterprise And 3 Stocks To Watch Heading Into Tuesday
With US stock futures trading higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:
What 8 Analyst Ratings Have To Say About NetApp
Within the last quarter, NetApp (NASDAQ:NTAP) has observed the following analyst ratings:
