Notable Downgrades: NetApp, Inc. (NTAP), Lumber Liquidators (LL), Bruker Corp (BRKR), Sarepta (SRPT), Open Text (OTEX)

Analysts at Needham downgraded NetApp, Inc. (NTAP) from ‘Buy‘ to ‘Hold‘ in a research report issued to clients on Thursday. On valuation measures, NetApp Inc. stock it’s trading at a forward P/E multiple of 10.27x, and at a multiple of 16.36x this year’s estimated earnings. The t-12-month revenue at NetApp Inc. is $6.23 billion. NTAP […] View the full post at: Notable Downgrades: NetApp, Inc. (NTAP), Lumber Liquidators (LL), Bruker Corp (BRKR), Sarepta (SRPT), Open Text (OTEX) Related posts: NetApp Reluctant to Give Guidance Timber! Look Who’s Loading up on Lumber Moody’s Downgrades Deutsche Bank to Aa3