Barclays Maintains Equal-Weight on NetApp, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tim Long has maintained an Equal-Weight rating on NetApp (NASDAQ:NTAP) and increased the price target from $80 to $100.
March 01, 2024 | 11:32 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Barclays has maintained an Equal-Weight rating on NetApp and raised the price target from $80 to $100.
The increase in price target by Barclays, a reputable financial institution, suggests a positive outlook on NetApp's future performance. This adjustment reflects an expectation of stronger financial health or growth prospects for NetApp, which could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100