TD Cowen raised the firm’s price target on NetApp (NTAP) to $160 from $145 and keeps a Buy rating on the shares. The firm said results were flawless and the company continues to be its top pick in the enterprise storage space. GenAI tailwinds are still in early innings with revenue opportunity in 2H:C25, per management.
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Read More on NTAP:
- NetApp price target raised to $121 from $115 at BofA
- NetApp price target raised to $132 from $127 at Morgan Stanley
- NetApp price target raised to $135 from $130 at Citi
- NetApp price target raised to $132 from $119 at Barclays
- NetApp Inc Sees Strong Financial Growth in Q2 FY2025
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
