Wells Fargo Maintains Equal-Weight on NetApp, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Aaron Rakers maintains an Equal-Weight rating on NetApp (NASDAQ:NTAP) and raises the price target from $100 to $120.
May 31, 2024 | 4:33 pm
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POSITIVE IMPACT
Wells Fargo analyst Aaron Rakers maintains an Equal-Weight rating on NetApp and raises the price target from $100 to $120.
The raised price target from $100 to $120 by a reputable analyst at Wells Fargo is likely to have a positive short-term impact on NetApp's stock price. The Equal-Weight rating suggests a neutral stance, but the increased price target indicates improved expectations for the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100