UPDATE: Stifel Nicolaus Raises PT on NetApp on Multiple Positive Factors
August 06, 2013 at 11:20 AM EDT
In a report published Tuesday, Stifel Nicolaus analyst Aaron Rakers reiterated a Buy rating on NetApp (NASDAQ: NTAP ), and raised the price target from $42.00 to $47.00. In the report, Stifel Nicolaus noted, “We maintain our Buy and increase our target price to $47 (was $42) - ~14x C2014