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Goldman Sachs Sticks to Their Buy Rating for NetApp (NTAP)
In a report released yesterday, from Goldman Sachs maintained a Buy rating on NetApp, with a price target of $127.00. The company’s shares closed yesterday at $100.33.
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NetApp has an analyst consensus of Hold, with a price target consensus of $117.54.
Based on NetApp’s latest earnings release for the quarter ending January 23, the company reported a quarterly revenue of $1.71 billion and a net profit of $334 million. In comparison, last year the company earned a revenue of $1.64 billion and had a net profit of $299 million
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