Network Appliance News

Mobile work styles, powered by the cloud, have transformed business and are spurring an architectural revolution in IT.

This morning, UBS increased its price target on shares of NetApp to $42 following the announcement of the company's plans to repurchase shares and pay a dividend.

They currently have $34.00 price target on the stock. Shares of NetApp traded up 1.77% during mid-day trading on Monday, hitting $37.28. NetApp has a 52 week low of $26.26 and a 52 week high of $41.05. The stock's 50-day moving average is currently $34.18. The company has a market cap of $13.436 billion and a P/E ratio of 26.43. The company also ... (more)

NetApp Inc. is preparing to announce a 10 percent work force reduction, affecting about 1,300 people, according to a private Piper Jaffray note reportedly sent to clients.

Check Point Software Technologies Ltd . , the worldwide leader in securing the Internet, today announced the detection of evolving phishing and bot attacks by Check Point Threat Emulation Software Blade.

NetApp executive management will host a conference call with the financial analyst community at 2:30 p.m. Pacific Time to provide their perspective on market dynamics and the company's performance.

StockCall.com Provides Stock Research on NetApp Inc., Brocade Communications Systems Inc., Fusion-io Inc., Quantum Corp., and Emulex Corp.

's stock had its "hold" rating reiterated by investment analysts at Jefferies Group in a note issued to investors on Tuesday, StocKRatingsNetwork.com reports.

Today's bulls have been seizing calls for NetApp Inc. at a rate of 1.5 times the daily norm.

NTAP has been the subject of a number of other recent research reports. Analysts at RBC Capital reiterated a "sector perform" rating on shares of NetApp in a research note to investors on Wednesday.

's stock had its "sector perform" rating reaffirmed by research analysts at RBC Capital in a report released on Wednesday, Stock Ratings Network reports.