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NetApp price target raised to $121 from $120 at BofA

BofA analyst Wamsi Mohan raised the firm’s price target on NetApp (NTAP) to $121 from $120 and keeps a Neutral rating on the shares. After NetApp reported fiscal Q4 results and gave FY26 guidance that was “mostly inline,” the firm adjusted its FY26 revenue and EPS forecasts to $6.76B and $7.77 from $6.91B and $7.59, respectively.

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