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Rating: NTAP
Sell $23

Network Appliance, Inc. (NASDAQ: NTAP) reiterated to Sell with price target $23 by Monness Crespi & Hardt

Tuesday,  Dec 29, 2015  8:25 AM ET by Betsy O'Brien Harrison

Monness Crespi & Hardt reiterated Network Appliance, Inc. (NASDAQ: NTAP) to Sell with
price target $23. Previously Monness Crespi & Hardt reiterated Network Appliance, Inc. (NASDAQ: NTAP) to Sell on 11/13/2015, when the stock price was $31.49.

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.

Monness Crespi & Hardt



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