Citigroup Initiates Coverage On NetApp with Neutral Rating, Announces Price Target of $80
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Jim Suva has initiated coverage on NetApp (NASDAQ:NTAP) with a Neutral rating and a price target of $80.

June 30, 2023 | 9:11 am
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Citigroup has initiated coverage on NetApp with a Neutral rating and a price target of $80.
The initiation of coverage by Citigroup with a Neutral rating suggests that the bank sees the stock as fairly valued at current levels. The price target of $80 indicates where they believe the stock will trade in the near future. This could influence investor sentiment and potentially the stock price, but as the rating is Neutral, the impact is likely to be moderate.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100