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Network Appliance, Inc. (NTAP) [hlAlert]

down 43.93 %

Network Appliance, Inc. (NTAP) rated Overweight with price target $49 by Barclays Capital

Posted on: Thursday,  Feb 16, 2012  3:25 PM ET by Barclays Capital

Barclays Capital rated Overweight Network Appliance, Inc. (NASDAQ: NTAP) on 02/16/2012. Previously Barclays Capital rated Overweight Network Appliance, Inc. (NASDAQ: NTAP) on
12/13/2010., when the stock price was $55.99. Since then, Network Appliance, Inc. has lost 43.94% as of 01/06/2016's recent price of $31.39.
If you would have followed the previous Barclays Capital's recommendation on NTAP, you would have lost 43.93% of your investment in 1850 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.

Barclays Capital has assembled a world-class, award-winning team of analysts covering, credit, commodities, economics, emerging markets, equities, fixed income, foreign exchange and market strategy. We provide in-depth analysis of companies and macro coverage across asset classes, markets and the world’s economies. We have a highly quantitative approach and our research is underpinned by sophisticated analytics. Combined, these provide clients with the tools and insights necessary for successful risk management and financing. Our research teams are based in many of the world’s major financial centres providing our clients with a globally integrated perspective across products and geographies.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/16/2012 3:25 PM Buy
42.83 49.00
as of 12/31/2012
1 Week down  -0.44 %
1 Month up  5.80 %
3 Months up  2.03 %
1 YTD down  -7.49 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/17/2011 12:25 PM Buy
36.06 47.00
8/18/2011 1:25 PM Buy
34.79 52.00
12/13/2010 1:25 PM Buy
55.99 67.00

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