NetApp tumbles after results; brokerages hike PT
** Data infrastructure company NetApp's NTAP.O shares drop 11% to $120.91, set for worst day since February 2021
** Fall comes despite co raising annual profit and revenue forecasts, with Q2 forecasts for revenue and profit per share above analyst estimates
** "Management highlighted continued budget challenges in the U.S. public sector combined with uncertain macro backdrop from higher interest rates and geopolitical risks" - Bank of America Global Research
** Co says Chief Financial Officer Mike Berry will retire next year
** Multiple brokerages hike price target on stock
** J.P. Morgan raises PT to $147 from $146, says that despite a modest raise to full-year revenue outlook, "outlined guidance leaves room for further potential upsides"
** Barclays, BofA Global Research, Stifel, UBS also hike PTs
** Despite PT hike, BofA reiterates "underperform" rating, citing "potential macro (risks) and rising memory prices"
** 6 of 21 brokerages rate the stock "buy" or higher, 14 "hold" and 1 "sell" or lower, as per LSEG data
** Median PT is $130, representing a roughly 7.3% increase to current price
** Including day's moves, NTAP has gained about 37% year-to-date
Reporting by Lisa Mattackal in Bengaluru; Editing by
免责声明: XM Group仅提供在线交易平台的执行服务和访问权限,并允许个人查看和/或使用网站或网站所提供的内容,但无意进行任何更改或扩展,也不会更改或扩展其服务和访问权限。所有访问和使用权限,将受下列条款与条例约束:(i) 条款与条例;(ii) 风险提示;以及(iii) 完整免责声明。请注意,网站所提供的所有讯息,仅限一般资讯用途。此外,XM所有在线交易平台的内容并不构成,也不能被用于任何未经授权的金融市场交易邀约和/或邀请。金融市场交易对于您的投资资本含有重大风险。
所有在线交易平台所发布的资料,仅适用于教育/资讯类用途,不包含也不应被视为用于金融、投资税或交易相关咨询和建议,或是交易价格纪录,或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。
本网站上由XM和第三方供应商所提供的所有内容,包括意见、新闻、研究、分析、价格、其他资讯和第三方网站链接,皆保持不变,并作为一般市场评论所提供,而非投资性建议。所有在线交易平台所发布的资料,仅适用于教育/资讯类用途,不包含也不应被视为适用于金融、投资税或交易相关咨询和建议,或是交易价格纪录,或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。请确保您已阅读并完全理解,XM非独立投资研究提示和风险提示相关资讯,更多详情请点击 这里。