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Notable Insider Buys In The Week Of Christmas: Foot Locker, GameStop, NetApp And More
Saturday, December 26, 2020 - 2:53pm | 952Insider buying can be an encouraging signal for potential investors when markets face uncertainty. Insider purchases of biopharmaceutical company and specialty retailer shares were reported last week. Some insiders took advantage of initial public an secondary offerings as well. Conventional...
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Barclays: It's Not Too Late To Get In On The 'Goodness' At NetApp
Thursday, November 9, 2017 - 5:57pm | 347NetApp Inc. (NASDAQ: NTAP) rebounded from September lows and traded above a significant resistance Thursday, with an earnings report set for next week. The Analyst Barclays' Mark Moskowitz. The Rating Moskowitz upgraded NetApp from Underweight to Overweight and increased its price target...
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The Companies That Manipulated The Tax System, According To The Paradise Papers
Monday, November 6, 2017 - 6:03pm | 532Apple Inc. (NASDAQ: AAPL), Uber and Nike Inc (NYSE: NKE) were among nearly 100 multinational corporations exposed Monday to have developed shell companies and offshore accounts in alleged tax avoidance schemes. The Paradise Papers, 13.4 million files obtained by German newspaper Süddeutsche...
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Why NetApp Will Grow Its Top And Bottom Lines For At Least A Year, Potentially Longer
Monday, August 21, 2017 - 10:54am | 505Analysts at Argus turned bullish on NetApp Inc. (NASDAQ: NTAP) Monday amid a view that the company is now positioned for at least a year of revenue and earnings growth. The firm's Jim Kelleher upgraded NetApp's stock rating from Hold to Buy and set a $46 price target. After peaking north of...
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Nutanix Shares May Have Finally Shed Their Reputation For Being Overpriced
Monday, June 26, 2017 - 2:46pm | 423A strong market for cloud computing services, solid business model and effective sales mechanism mean Nutanix Inc (NASDAQ: NTNX) could outrun the consensus. Credit Suisse’s projections for the San Jose tech firm are already above consensus, but those estimates “could prove conservative...
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NetApp Upgraded Despite Near-Term Margin Weakness
Thursday, May 25, 2017 - 9:52am | 377Shares of NetApp Inc. (NASDAQ: NTAP) were trading lower by around 1 percent after the company's fiscal fourth-quarter earnings report came in better than expected, but the first-quarter outlook fell shy of what analysts had hoped for. But some among the Street found NetApp's earnings good enough to...
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Has NetApp Turned The Public Cloud Market From A Headwind To A Tailwind?
Tuesday, February 14, 2017 - 12:56pm | 384Shares of NetApp Inc. (NASDAQ: NTAP) hit a new 52-week high of $39.90 on Tuesday after analysts at Piper Jaffray upgraded the stock to Overweight from Neutral with a price target boosted to $46 from a previous $37. Piper Jaffray's Andrew Nowinski argued in his upgrade note that NetApp can deliver a...
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What Wall Street Is Saying About NetApp's Q2
Thursday, November 17, 2016 - 10:58am | 640Shares of NetApp Inc. (NASDAQ: NTAP) gained more than 10 percent during Wednesday's after-hours trading session, as the company impressed investors with its second-quarter earnings report. Here is a summary of what Wall Street analysts are saying. Morgan Stanley Katy Huberty of Morgan Stanley...
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Oracle Versus Salesforce: Trip Chowdhry Says Salesforce's Woes Are 'Fixable'
Monday, August 22, 2016 - 1:35pm | 447How does salesforce.com, inc. (NYSE: CRM)'s business stack up to the much larger Oracle Corporation (NYSE: ORCL)? According to Global Equities Research's Trip Chowdhry, salesforce is in an "uncomfortable position" compared to its peer, as it is "technology light and marketing heavy" and faces near...
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Pure Storage: Baird Stays On The Sidelines, Names Cisco Systems As Possible Buyer
Wednesday, June 29, 2016 - 3:55pm | 403Baird recommends investors stay on the sidelines with Pure Storage Inc (NYSE: PSTG), a provider of all-flash array (AFA) storage solutions, unless the market-share trajectory becomes clearer. Further, the brokerage said Cisco Systems, Inc. (NASDAQ: CSCO) and Hitachi, Ltd. (ADR) (OTC: HTHIY) could...
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The Earnings Spotlight Is On Wal-Mart And Other Retail Giants This Week
Sunday, November 15, 2015 - 3:30pm | 822Big-box retailers will highlight the week's quarterly earnings reports. Expectations are low for Wal-Mart Stores, Inc. (NYSE: WMT) and Best Buy Co Inc (NYSE: BBY), but somewhat higher for Home Depot Inc (NYSE: HD) and Target Corporation (NYSE: TGT). Bottom line growth is expected from some other...
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Why The RealLifeTrading.com CEO Is Considering A Short Position In NetApp
Thursday, May 21, 2015 - 2:52pm | 311Jerremy Newsome was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Newsome, the CEO of RealLifeTrading.com, discussed trading strategies on NetApp Inc. (NASDAQ: NTAP) following its earnings report in which the company's earnings per...
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Deutsche Bank On NetApp: Environment Still 'Challenged'
Thursday, November 13, 2014 - 2:06pm | 161NetApp Inc. (NASDAQ: NTAP) reported its second quarter results on Wednesday after market close. Sherri Scribner of Deutsche Bank reviewed NetApp's quarterly results in a note to clients on Thursday. "The company did a good job of improving gross margins in the quarter and modestly raised full-year...
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Markets Gather Some Momentum As Volume Remains Light, Geopolitical Tension Improving
Thursday, August 14, 2014 - 4:37pm | 2822U.S. stocks rose to close the day with moderate gains despite a larger than expected increase in jobless claims. “The end of 2015 Q1 is still my preferred liftoff date,” St. Louis Fed President Jim Bullard told The Wall Street Journal. The end of the first quarter is ahead of the...
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Markets Little Changed As The Quarter Comes To An End
Monday, June 30, 2014 - 4:34pm | 2316U.S. stocks were little changed as the second quarter comes to an end. Investors and traders are likely spending the last day of the quarter the same way they did to ring in the quarter: questioning the direction of the U.S. economy and wondering what is in store in the coming quarter. One...