NetApp, Inc. NTAP is projected to launch monetary outcomes for the second quarter of fiscal yr 2024, after the closing bell on Nov. 28, 2023.
Analysts count on the corporate to put up quarterly earnings at $1.39 per share, down from year-ago earnings of $1.48 per share. The corporate’s income would possibly are available in at $1.53 billion for the most recent quarter, in keeping with knowledge from Benzinga Professional.
NetApp just lately introduced the renewal of its collaboration with Microsoft.
NetApp shares gained 0.5% to shut at $78.34 on Friday.
Benzinga readers can entry the most recent analyst rankings on the Analyst Inventory Scores web page. Readers can type by inventory ticker, firm identify, analyst agency, score change or different variables.
Let’s take a look at how Benzinga’s most-accurate analysts have rated the corporate within the latest interval.
- TD Cowen analyst Krish Sankar maintained an Outperform score and raised the worth goal from $85 to $90 on Aug. 24, 2023. This analyst has an accuracy price of 73%.
- Stifel analyst Matthew Sheerin maintained a Purchase score and boosted the worth goal from $80 to $85 on Aug. 24, 2023. This analyst has an accuracy price of 73%.
- UBS analyst David Vogt maintained a Impartial score and elevated the worth goal from $77 to $84 on Aug. 24, 2023. This analyst has an accuracy price of 77%.
- Wedbush analyst Matt Bryson reiterated a Impartial score with a value goal of $75 on Aug. 24, 2023. This analyst has an accuracy price of 84%.
- Citigroup analyst Jim Suva maintained a Impartial score and elevated the worth goal from $80 to $83 on Aug. 24, 2023. This analyst has an accuracy price of 72%.
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