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Enter Symbol:
Rating: NTAP
Hold $32

Network Appliance, Inc. (NASDAQ: NTAP) reiterated to Hold with price target $32 by Lake Street

Monday,  Dec 28, 2015  10:25 AM ET by Betsy O'Brien Harrison

Lake Street reiterated Network Appliance, Inc. (NASDAQ: NTAP) to Hold with price target $32. Previously Lake Street reiterated
Network Appliance, Inc. (NASDAQ: NTAP) to Hold with price target $36 on 11/19/2015, when the stock price was $30.94. Since then, Network Appliance, Inc.'s stock price has lost 14% as of 12/28/2015's recent price of $26.49.

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.

Lake Street



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