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Network Appliance, Inc. (NTAP) [hlAlert]

Rating:
Neutral NTAP

Network Appliance, Inc. (NTAP) rated Neutral with price target $25 by Credit Suisse

Posted on: Friday,  Oct 9, 2009  9:25 AM ET by Credit Suisse

Network Appliance, Inc. (NASDAQ: NTAP)
rated Neutral with price target $25 by Credit Suisse.

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.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/9/2009 9:25 AM Hold
None
27.89 25.00
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/21/2009 10:25 AM Hold
None
17.88 16.00
10/13/2008 9:25 AM Hold
None
14.08 15.00
8/8/2008 8:25 AM Hold
None
25.96 25.00
10/5/2007 9:25 AM Hold
None
25.93 28.00

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