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

Rating:
Buy NTAP
down 22.47 %

Network Appliance, Inc. (NTAP) upgraded to Buy with price target $57 by Auriga

Posted on: Monday,  Aug 8, 2011  8:25 AM ET by Auriga

Auriga rated Buy Network Appliance, Inc. (NASDAQ: NTAP) on 08/08/2011, when the stock price was $40.49. Since
then, Network Appliance, Inc. has lost 22.47% as of 01/06/2016's recent price of $31.39.
If you would have followed this Auriga's recommendation on NTAP, you would have lost 22.47% of your investment in 1612 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.

Auriga operates full-service institutional equity and fixed income trading desks with state-of-the-art communications technology and trading systems. Through our U.S. corprate parent, Auriga Holdings, LLC we offer a variety of services including whole loan trading and asset management. Through our Spanish parent company, Auriga Securities Sociedad de Valores, S.A., we offer the ability to trade European equity and fixed income products. We connect electronically to buy-side firms; route orders to multiple points of execution and subsequently route to our clearing firm, Pershing, for settlement.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/8/2011 8:25 AM Buy
None
40.49 57.00
as of 12/30/2011
1 Week down  -0.65 %
1 Month down  -1.52 %
3 Months up  6.89 %
1 YTD down  -10.42 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/1/2011 8:25 AM Hold
None
53.31 57.00

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