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Network Appliance, Inc. (NTAP) [hlAlert]

Rating:
Buy NTAP
down 14.67 %

Network Appliance, Inc. (NTAP) rated Buy with price target $45 by Broadpoint AmTech

Posted on: Thursday,  May 27, 2010  9:25 AM ET by Broadpoint AmTech

Broadpoint AmTech rated Buy Network Appliance, Inc. (NASDAQ: NTAP) on 05/27/2010, when the stock price was $36.79. Since
then, Network Appliance, Inc. has lost 14.68% as of 01/06/2016's recent price of $31.39.
If you would have followed this Broadpoint AmTech's recommendation on NTAP, you would have lost 14.67% of your investment in 2050 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.

Broadpoint AmTech
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/27/2010 9:25 AM Buy
None
36.79 45.00
as of 12/31/2010
1 Week up  1.78 %
1 Month up  9.50 %
3 Months up  12.01 %
1 YTD up  51.59 %

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