Netapp: Thinkequity Cuts Rating To Hold, Trims Target

ThinkEquity analyst Rajeesh Ghai this morning cut his rating on NetApp to Hold from Buy, while reducing his target on the stock to $42, from $54. Ghai says his checks find a cooler-than-anticipated reception to the company?s new ONTAP 8.1 storage product. He says the new system ?is unlikely to provide NTAP with the growth ...

Topics:  rajeesh ghai   netapp   hold   buy   ghai   ontap    ghai   ntap   thinkequity   rating   target   

 

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