UPDATE: Citigroup Reiterates on NetApp on Mixed Factors
November 14, 2013 at 08:39 AM EST
In a report published Thursday, Citigroup analyst Jim Suva reiterated a Neutral rating on NetApp (NASDAQ: NTAP ), and raised the price target from $41.00 to $43.00. In the report, Citigroup noted, “For 2FQ14 (Oct quarter), NTAP reported revs of $1.55B (+1% y/y, +2% q/q), which were below consensus of