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Technology Stocks : Network Appliance
NTAP 110.90-0.9%3:59 PM EST

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From: Lynn3/10/2018 2:06:27 AM
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Analyst Actions: Bank of America Adds NetApp to US 1 List, Keeps Buy, Price Target $74 - Stock Up 2.8%3:40 PM ET, 03/06/2018 - MT Newswires
03:40 PM EST, 03/06/2018 (MT Newswires) -- Bank of America Merrill Lynch has added NetApp (NTAP) to its US 1 List, keeping its buy rating with a price target of $74, expecting a long cycle of sustained top-line growth based on continued strength and conversion to All-Flash-Arrays (AFA).

Its analyst Wamsi Mohan said in a note that AFA sales are at an inflection point, and the most recent Storage data from IDC supports his view on strong share gain momentum.

Price: 63.86, Change: +1.67, Percent Change: +2.69
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