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In addition to Oppenheimer, NetApp also received a Hold from William Blair’s Jason Ader in a report issued yesterday. However, on the same day, Barclays maintained a Buy rating on NetApp (NASDAQ: NTAP).
Based on NetApp’s latest earnings release for the quarter ending April 24, the company reported a quarterly revenue of $1.95 billion and a net profit of $404 million. In comparison, last year the company earned a revenue of $1.73 billion and had a net profit of $340 million
