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

Rating:
Outperform
NTAP
up 27.80 %

Network Appliance, Inc. (NTAP) rated Outperform with price target $40 by Friedman Billings

Posted on: Thursday,  Feb 14, 2008  8:25 AM ET by Friedman Billings

Friedman Billings rated Outperform Network Appliance, Inc. (NASDAQ: NTAP) on 02/14/2008. Previously Friedman Billings rated Buy Network Appliance, Inc. (NASDAQ: NTAP) on
08/03/2007., when the stock price was $24.56. Since then, Network Appliance, Inc. has gained 27.81% as of 01/06/2016's recent price of $31.39.
If you would have followed the previous Friedman Billings's recommendation on NTAP, you would have gained 27.8% of your investment in 3078 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.

FBR Capital Markets is a full service investment banking, institutional sales, trading and research and asset management firm with a customer-focused and innovative approach to meeting its clients needs. It focuses its banking, advisory, trading and research efforts on seven broad industry sectors including consumer, diversified industrials, energy & natural resources, financial institutions, insurance, real estate and technology, media & telecom. With our headquarters in the Washington, D.C. metropolitan area, our Economic and Washington Policy Analysis groups offer clients a comprehensive overview of national economic trends along with a unique perspective on the impact that legislation and regulation will have on industry sectors and individual companies
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/14/2008 8:25 AM Buy
None
21.69 40.00
as of 12/24/2008
1 Week up  5.91 %
1 Month up  19.80 %
3 Months up  21.60 %
1 YTD up  33.35 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/16/2007 9:25 AM Buy
None
25.89 38.00
8/3/2007 9:25 AM Buy
None
24.56 36.00

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