Morgan Stanley Upgrades NetApp to Equal-Weight, Raises Price Target to $74
Portfolio Pulse from richadhand@benzinga.com
Morgan Stanley analyst Meta Marshall has upgraded NetApp (NASDAQ:NTAP) from Underweight to Equal-Weight and raised the price target from $60 to $74.
July 26, 2023 | 9:52 am
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NetApp's stock rating has been upgraded by Morgan Stanley from Underweight to Equal-Weight, and its price target has been raised from $60 to $74.
The upgrade in NetApp's stock rating and the increase in its price target by Morgan Stanley indicates a positive outlook for the company. This could potentially attract more investors, leading to an increase in the stock's price in the short term.
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