Wedbush analyst Matt Bryson lowered the firm’s price target on NetApp (NTAP) to $110 from $120 and keeps a Neutral rating on the shares. After several quarters of strong execution, NetApp unexpectedly stumbled on several fronts, the firm says. Q3 revenues came in at the low end of the previously guided range, and any Q4 rebound expectations are muted, Wedbush adds.
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