Northland Capital Markets Maintains Outperform on NetApp, Lowers Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets has maintained an 'Outperform' rating on NetApp (NASDAQ:NTAP) but lowered the price target from $89 to $88.
August 24, 2023 | 4:36 pm
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NEUTRAL IMPACT
NetApp's price target has been lowered from $89 to $88 by Northland Capital Markets, though the 'Outperform' rating is maintained.
The lowering of the price target by $1 might have a slight negative impact on the stock. However, the maintained 'Outperform' rating indicates that the analyst still sees potential in the stock, which could balance out any negative sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100