NetApp (NASDAQ: NTAP) had its price target upped by BMO Capital Markets from $35.00 to $41.00 in a research report sent to investors on Tuesday morning. The firm currently has a market perform rating on the stock.
NetApp traded up 0.11% on Tuesday, hitting $35.86. NetApp has a 52-week low of $26.26 and a 52-week high of $46.80. The stock’s 50-day moving average is currently $34.61. The company has a market cap of $12.848 billion and a price-to-earnings ratio of 28.12.
A number of other analysts have also recently weighed in on NTAP. Analysts at Brean Murray upgraded shares of NetApp from a hold rating to a buy rating in a research note to investors on Tuesday. They now have a $45.00 price target on the stock. Separately, analysts at Piper Jaffray reiterated an overweight rating on shares of NetApp in a research note to investors on Monday. They now have a $38.00 price target on the stock. Finally, analysts at Lake Street Capital initiated coverage on shares of NetApp in a research note to investors on Monday, February 4th. They set a buy rating and a $43.00 price target on the stock.
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