Morgan Stanley Downgrades NetApp (NTAP) Due to 15-Year Low in IT Hardware Budget Growth
YahooMaham Fatima
Morgan Stanley Downgrades NetApp (NTAP) Due to 15-Year Low in IT Hardware Budget Growth
NetApp Inc. (NASDAQ:NTAP) is one of the most undervalued quality stocks to buy right now. On January 20, Morgan Stanley analyst Erik Woodring downgraded NetApp to Underweight from Equal Weight, lowering the price target to $89 from $117. This shift followed a CIO survey indicating the slowest hardware budget growth in 15 years, alongside ...
2 weeks ago
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