This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

J.P. Morgan Sticks to Its Hold Rating for NetApp (NTAP)

Tipranks - Tipranks - Thu Jun 4, 7:56AM CDT

In a report released yesterday, Samik Chatterjee from J.P. Morgan maintained a Hold rating on NetApp, with a price target of $150.00. The company’s shares closed yesterday at $175.64.

Claim 55% Off TipRanks

Chatterjee covers the Technology sector, focusing on stocks such as Dell Technologies, NetApp, and Vistance Networks. According to TipRanks, Chatterjee has an average return of 57.7% and a 75.70% success rate on recommended stocks.

In addition to J.P. Morgan, NetApp also received a Hold from Citi’s Asiya Merchant in a report issued on June 1. However, yesterday, Goldman Sachs maintained a Buy rating on NetApp (NASDAQ: NTAP).

See the top stocks recommended by analysts >>

Based on NetApp’s latest earnings release for the quarter ending April 24, the company reported a quarterly revenue of $1.95 billion and a net profit of $404 million. In comparison, last year the company earned a revenue of $1.73 billion and had a net profit of $340 million

Read More on NTAP:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2026.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).