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Enter Symbol:
Network Appliance, Inc. (NTAP) [hlAlert]

down 33.61 %

Network Appliance, Inc. (NTAP) downgraded to Hold by Brean Murray

Posted on: Thursday,  May 24, 2012  10:25 AM ET by Brean Murray

Brean Murray rated Hold Network Appliance, Inc. (NASDAQ: NTAP) on 05/24/2012. Previously Brean Murray rated Buy Network Appliance, Inc. (NASDAQ: NTAP) on
02/16/2012., when the stock price was $42.90. Since then, Network Appliance, Inc. has lost 33.61% as of 05/24/2012's recent price of $28.48.
If you would have followed the previous Brean Murray's recommendation on NTAP, you would have lost 33.61% of your investment in 98 days.

Network Appliance is a leading supplier of network attached data storage and access devices, called filers. The company pioneered the concept of the ``network appliance`` an extension of the industry trend toward specialized devices that perform a specific function in the network, similar to the development of the router for network communications. The company's recent product category is designed to achieve Internet bandwidth savings and to improve performance by moving data closer to end-users.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/24/2012 10:25 AM Hold
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD down  -21.47 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/16/2012 8:25 AM Buy
42.90 50.00
8/18/2011 8:25 AM Buy
35.62 50.00
6/27/2011 8:25 AM Buy
49.67 60.00

(*) Stock Price at the time of the recommendation.
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