NetApp shares are trading higher after Loop Capital upgraded the stock from Hold to Buy and raised its price target to $150.
Portfolio Pulse from Benzinga Newsdesk
NetApp shares rise as Loop Capital upgrades the stock from Hold to Buy and increases the price target to $150.
September 03, 2024 | 12:02 pm
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NetApp shares are trading higher following an upgrade from Loop Capital, which changed its rating from Hold to Buy and increased the price target to $150.
The upgrade from Loop Capital is a positive signal for investors, indicating increased confidence in NetApp's future performance. The raised price target suggests potential for further stock price appreciation, leading to a likely short-term increase in share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100