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Network Appliance, Inc. (NTAP) [hlAlert]

Rating:
Average NTAP

Network Appliance, Inc. (NTAP) rated Average with price target $40 by Caris & Company

Posted on: Thursday,  May 27, 2010  9:25 AM ET by Caris & Company

Caris & Company rated Average Network Appliance, Inc. (NASDAQ: NTAP) on 05/27/2010. Previously Caris & Company rated Buy Network Appliance, Inc. (NASDAQ: NTAP)
on 02/14/2008., when the stock price was $21.69. Since then, Network Appliance, Inc. has gained 8.58% as of 05/22/2008's recent price of $23.55.
If you would have followed the previous Caris & Company's recommendation on NTAP, you would have gained 8.57% of your investment in 98 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.

Caris & Company, an investment bank created by a diverse group of leading Wall Street professionals. We are founded on the basic principle that Wall Street requires a different type of organization: One that offers objective, conflict-free research, acute focus on customer service, broad institutional coverage, and an unwavering commitment to increasing the value of our clients' portfolios. Quite simply, our goal is to generate solid investment ideas for our clients. We offer a unique, differentiated, conflict-free research perspective on large, mid, and small capitalization companies in four growth oriented verticals: Health Care, Technology, Energy, and Consumer.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/27/2010 9:25 AM Hold
None
36.79 40.00
as of 12/31/2010
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/18/2010 11:25 AM Hold
None
31.37 36.00
10/9/2009 10:25 AM Hold
None
28.42 31.00
4/30/2009 9:25 AM Hold
None
18.30 20.00
5/22/2008 9:25 AM Hold
None
23.55 25.00
2/14/2008 8:25 AM Buy
None
21.69 28.00
11/15/2007 9:25 AM Buy
None
26.94 40.00
10/29/2007 9:25 AM Buy
None
30.90 37.00
10/4/2007 9:25 AM Buy
None
26.07 28.00
8/16/2007 9:25 AM Buy
None
25.89 35.00

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