Morgan Stanley Sees NetApp Betting on Enterprise and Market Recovery - NetApp (NASDAQ:NTAP)

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

In a report published Wednesday, Morgan Stanley analyst Katy L. Huberty reiterated an Underweight rating and $34.00 price target on

Crypto Whales Are Loading Up — Are You?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

NetApp

(NASDAQ: NTAP).In the report, Morgan Stanley noted, “At its analyst day, NetApp declared it is now on the offense and expects growth to reaccelerate after a product portfolio transition over the last 2-3 years. But we believe guidance for mid-single-digit revenue growth in FY15-17 is aggressive in context of a weak storage market (+1% in '13 and -4% in 1Q14).”NetApp closed on Tuesday at $36.09.