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

Rating:
Buy NTAP
down 25.84 %

Network Appliance, Inc. (NTAP) rated Buy with price target $45 by Maxim Group

Posted on: Tuesday,  Oct 27, 2015  8:25 AM ET by Maxim Group

Maxim Group rated Buy Network Appliance, Inc. (NASDAQ: NTAP) on 10/27/2015. Previously Maxim Group rated Buy Network Appliance, Inc. (NASDAQ: NTAP) on
11/12/2014., when the stock price was $42.33. Since then, Network Appliance, Inc. has lost 25.84% as of 01/06/2016's recent price of $31.39.
If you would have followed the previous Maxim Group's recommendation on NTAP, you would have lost 25.84% of your investment in 420 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.

At Maxim Group, our vision for equity research is to be a client’s first call for value-added research on companies not widely followed by Wall Street. Maxim’s premier niche is emerging-growth companies in a variety of sectors, including healthcare, technology, retail and others. As strong believers in fundamental research, our analysts utilize a “bottom up” approach to making investment recommendations. We combine rigorous financial analysis of specific companies and industries with due diligence that includes frequent consults with suppliers, customers, competitors and senior management. By applying these skills and techniques, we are able to offer our clients differentiated research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/27/2015 8:25 AM Buy
None
33.05 45.00
as of 8/27/2015
1 Week up  2.85 %
1 Month down  -9.14 %
3 Months down  -12.70 %
1 YTD down  -1.53 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/21/2015 8:25 AM Buy
None
31.88 44.00
11/12/2014 8:25 AM Buy
None
42.33 55.00

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