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NTAP: Barclays Cuts to Hold on Increased EMC Competition
Posted on June 08, 2012 at 14:10 PM EDT
Shares of data storage and networking equipment provider NetApp (NTAP) are down 86 cents, or almost 3%, at $30.45 after Barclays Capital’s Ben Reitzes cut his rating on the shares to Equal Weight from Overweight, and cut his price target by a dollar to $34, writing that after a 29% rise since hitting a low [...]
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