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

Rating:
Accumulate
NTAP
up 44.65 %

Network Appliance, Inc. (NTAP) rated Accumulate by ThinkEquity

Posted on: Tuesday,  Jul 21, 2009  8:25 AM ET by ThinkEquity

ThinkEquity rated Accumulate Network Appliance, Inc. (NASDAQ: NTAP) on 07/21/2009, when the stock price was $21.70. Since
then, Network Appliance, Inc. has gained 44.65% as of 01/06/2016's recent price of $31.39.
If you would have followed this ThinkEquity's recommendation on NTAP, you would have gained 44.65% of your investment in 2360 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.

Research is at the core of everything we do at ThinkEquity, and we're passionate about it. Employing a disciplined and rigorous process, we scrutinize the spectrum of forces at play in the growth sectors we cover. Starting with a top down analysis, we look closely at the megatrends and industry drivers that create opportunities for innovative companies. We then allocate our resources based on a long-range research roadmap that leads to deep domain expertise and a close working knowledge of the technologies, products, services and people that populate the growth sector landscape. In short, the sum result of the ThinkEquity research process is to identify and affiliate ourselves with the fastest growing private and public companies within our domain verticals.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/21/2009 8:25 AM Buy
None
21.70
as of 12/31/2009
1 Week up  63.26 %
1 Month up  81.01 %
3 Months up  109.03 %
1 YTD up  157.00 %

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