NetApp raises fiscal 2027 outlook after record first quarter
NetApp reported Q1 revenue of $2.03 billion, up 30% year over year, and raised fiscal 2027 guidance to $7.975 billion-$8.225 billion for revenue and $9.73-$10.03 for EPS.
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NetApp reported Q1 revenue of $2.03 billion, up 30% year over year, and raised fiscal 2027 guidance to $7.975 billion-$8.225 billion for revenue and $9.73-$10.03 for EPS.
Bank of America raised price targets on 10 software stocks, saying fears of AI disruption are easing while it favors names with stronger growth and emerging AI monetization.
BofA raises its ServiceNow price target to $150 from $130 and keeps a Buy rating, citing broad software multiple expansion, improving infrastructure growth, and easing AI-disruption concerns with estimates unchanged.
Yardeni Research raises S&P 500 year-end target to 8,400
Ferrari’s first electric car earned a chilly reception at its Rome unveiling this spring. A newly launched manual-gearbox V12 has since reset the story for one of the auto sector’s most closely watched luxury names. Bank of America analyst Horst Schneider raised his price objective on Ferrari N.V. (NYSE: RACE ) from $4
Netflix Inc (NASDAQ: NFLX ) shares are trading higher on Thursday. The move stands out on a risk-off day, with the Nasdaq-100 sliding over 2%. Netflix stock is surging to new heights today. What’s behind NFLX gains? Critical Technical Levels for NFLX Stock Netflix’s strong move on Thursday comes as investors step in fo
Bank of America is telling clients the memory shortage is nowhere near over — and that Sandisk Corp. ( NASDAQ: SNDK ) is the cleanest way to own it. On Wednesday, bank analyst Wamsi Mohan reiterated a Buy rating on Sandisk and lifted his price objective from $2,100 to $2,500 a target that sits about 25% above where the
B of A Securities maintains Buy on Micron Technology and raises price target to $1550
BofA raises UnitedHealth price target to $475 from $450, keeps Buy rating
Apple CEO Tim Cook told the Wall Street Journal this week that the iPhone maker plans price increases on its products due to the ongoing memory shortage. The disclosure underscores the widespread impact of the memory crisis, as Apple is typically able to exert its market control to manage costs. "Even Apple can't be sa