Wedbush Maintains Neutral on NetApp, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Matt Bryson maintains a Neutral rating on NetApp (NASDAQ:NTAP) and raises the price target from $70 to $75.
June 01, 2023 | 12:33 pm
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NEUTRAL IMPACT
Wedbush analyst Matt Bryson maintains a Neutral rating on NetApp and raises the price target from $70 to $75.
The news of Wedbush maintaining a Neutral rating on NetApp and raising the price target from $70 to $75 indicates that the analyst sees potential for the stock price to increase. However, the Neutral rating suggests that the analyst does not expect significant outperformance or underperformance compared to the market. This news is directly related to NetApp and is important for investors, but the impact on the stock price in the short term is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100