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Rating: NTAP
Hold $47

Auriga U.S.A rated Network Appliance, Inc. (NASDAQ: NTAP) to Hold with price target $47

Thursday,  May 12, 2011  8:25 AM ET by Lynn Gilbert

Auriga U.S.A rated Network
Appliance, Inc. (NASDAQ: NTAP) to Hold with price target $47.

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.

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