Analyst Scoreboard: 18 Ratings For NetApp
Portfolio Pulse from Benzinga Insights
Over the past three months, 18 analysts have evaluated NetApp (NASDAQ:NTAP), with a mix of bullish, somewhat bullish, indifferent, and somewhat bearish ratings. The average 12-month price target has increased to $127.78, reflecting a 12.41% rise from the previous average. Analysts have recently raised their price targets, indicating positive sentiment towards NetApp's future performance.
June 12, 2024 | 6:01 pm
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POSITIVE IMPACT
Analysts have shown a generally positive sentiment towards NetApp, with several raising their price targets. The average 12-month price target has increased to $127.78, reflecting a 12.41% rise from the previous average. This indicates a positive outlook for NetApp's stock in the short term.
The increase in the average 12-month price target and the positive sentiment from multiple analysts suggest a likely upward movement in NetApp's stock price in the short term. The raised price targets reflect confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100