Barclays Maintains Equal-Weight on NetApp, Raises Price Target to $69
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tim Long maintains an Equal-Weight rating on NetApp (NASDAQ:NTAP) and raises the price target from $67 to $69.
June 01, 2023 | 11:13 am
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Barclays analyst Tim Long maintains an Equal-Weight rating on NetApp and raises the price target from $67 to $69.
The news of Barclays maintaining an Equal-Weight rating on NetApp and raising the price target from $67 to $69 indicates that the analyst sees potential for the stock price to increase. However, the Equal-Weight rating suggests that the stock is expected to perform in line with the market, which means the impact on the stock price in the short term is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100