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

Rating:
Outperform
NTAP
up 2.31 %

Network Appliance, Inc. (NTAP) rated Outperform by Raymond James

Posted on: Thursday,  Nov 15, 2012  8:25 AM ET by Raymond James

Raymond James rated Outperform Network Appliance, Inc. (NASDAQ: NTAP) on 11/15/2012, when the stock price was $30.68. Since
then, Network Appliance, Inc. has gained 2.31% as of 01/06/2016's recent price of $31.39.
If you would have followed this Raymond James's recommendation on NTAP, you would have gained 2.31% of your investment in 1147 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.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/15/2012 8:25 AM Buy
None
30.68
as of 12/31/2012
1 Week down  -0.44 %
1 Month up  5.80 %
3 Months up  9.35 %
1 YTD up  9.35 %

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