WS Investor
07 Oct 2026, 14:11
NetApp Rises 2% as Evercore and Cantor Fitzgerald Upgrade the Stock
NetApp (NASDAQ: NTAP) shares rose about 2.1% after receiving multiple bullish analyst actions.
Evercore upgraded NetApp to Outperform from In Line and set a $300 price target. Cantor Fitzgerald also upgraded the stock to Overweight, adding to the positive analyst sentiment.
Separately, Loop Capital analyst Ananda Baruah initiated a $300 price target on NetApp.
With the stock trading around $233.17, the $300 targets imply roughly 29% upside. The cluster of upgrades appears to be supporting the shares as analysts take a more constructive view of NetApp’s growth and valuation outlook.
NetApp (NASDAQ: NTAP) shares rose about 2.1% after receiving multiple bullish analyst actions.
Evercore upgraded NetApp to Outperform from In Line and set a $300 price target. Cantor Fitzgerald also upgraded the stock to Overweight, adding to the positive analyst sentiment.
Separately, Loop Capital analyst Ananda Baruah initiated a $300 price target on NetApp.
With the stock trading around $233.17, the $300 targets imply roughly 29% upside. The cluster of upgrades appears to be supporting the shares as analysts take a more constructive view of NetApp’s growth and valuation outlook.