JP Morgan Maintains Neutral on NetApp, Raises Price Target to $147
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Samik Chatterjee maintains a Neutral rating on NetApp (NASDAQ:NTAP) and slightly raises the price target from $146 to $147.
August 29, 2024 | 1:33 pm
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NEUTRAL IMPACT
JP Morgan has maintained a Neutral rating on NetApp and slightly increased the price target from $146 to $147, indicating a stable outlook with minor positive adjustments.
The Neutral rating suggests that JP Morgan does not foresee significant short-term changes in NetApp's stock price. The slight increase in the price target by $1 indicates a minor positive adjustment, but not enough to change the overall outlook.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100