Raymond James Maintains Outperform on NetApp, Raises Price Target to $83
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Simon Leopold has maintained an Outperform rating on NetApp (NASDAQ:NTAP) and increased the price target from $80 to $83.
November 29, 2023 | 12:39 pm
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Raymond James analyst reaffirmed an Outperform rating on NetApp and raised the price target to $83, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst firm like Raymond James typically signals a bullish outlook on the stock, suggesting that the firm believes the stock has the potential to rise to the new target price. This can positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
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IMPORTANCE 80
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