Susquehanna raised the firm’s price target on NetApp to $138 from $130 and keeps a Positive rating on the shares. The firm said its Apr-Q revenue beat expectations, driven by strong demand for its all-flash product portfolio as the AFA C series continues to ramp. Susquehanna said the company’s next catalyst should be its Investor Day on JUne 11.
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- NetApp price target raised to $130 from $115 at Susquehanna
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