FBN Maintains Outperform on NetApp

FBN is out with its report today on NetApp (NASDAQ: NTAP), maintaining Outperform.

In a note to clients, FBN writes, "We continue to recommend that investors acquire shares of NTAP as it is the best-performing top-tier storage company, it has more integrated solutions than the competition, it is leveraged for growth, and it still has more to go with its midrange (FAS 3200) and high-end (FAS 6200) product cycles."

At the time of posting, shares of NTAP were trading pre-market at $53.45, up 1.27% from Thursday's close.