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Network Appliance, Inc. (NTAP) [hlAlert]

Rating:
Neutral NTAP

Network Appliance, Inc. (NTAP) rated Neutral with price target $36 by Wedbush Morgan

Posted on: Thursday,  Feb 18, 2010  11:25 AM ET by Wedbush Morgan

Network Appliance, Inc. (NASDAQ: NTAP)
rated Neutral with price target $36 by Wedbush Morgan.

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.

Since 1980, WEDBUSH has used its private equity discipline to invest in under-valued and capital constrained public and private companies that have a significant potential for appreciation. The firm invests with high quality management teams with domain expertise and expects management to retain or make a personally significant equity investment.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/18/2010 11:25 AM Hold
None
31.37 36.00
as of 12/31/2010
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/19/2009 1:25 PM Hold
None
15.66

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