12 Analysts Have This to Say About NetApp
Portfolio Pulse from Benzinga Insights
12 analysts have provided ratings for NetApp (NASDAQ:NTAP) in the last quarter, with 2 bullish, 2 somewhat bullish, 7 indifferent, and 1 somewhat bearish. The average price target is $75.67, which is lower than the current price of $79.06. The average price target has increased by 7.82% over the past month.
July 26, 2023 | 1:00 pm
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NEGATIVE IMPACT
Analysts' average price target for NetApp is lower than its current price, indicating a potential downside. However, the increasing average price target suggests growing optimism.
The average price target given by analysts is lower than the current price of NetApp, which suggests that they believe the stock is overvalued and may decrease in price. However, the fact that the average price target has increased over the past month indicates that analysts are becoming more optimistic about the stock's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100