Equities research analysts at Barclays cut their price objective on shares of NetApp (NASDAQ:NTAP) from $43.00 to $40.00 in a research note issued to investors on Tuesday, AnalystRatings.Netreports. Barclays’ price target indicates a potential upside of 8.40% from the company’s current price. NetApp Inc. (NASDAQ:NTAP) shares after opening at $36.92 moved to $37.20 on last trade day and at the end of the day closed at $37.12. Company price to sales ratio in past twelve months was calculated as 1.92 and price to cash ratio as 2.43. NetApp Inc. (NASDAQ:NTAP) showed a positive weekly performance of 0.08%.
Shares of SanDisk (NASDAQ:SNDK) hit a new 52-week high on Tuesday after Morgan Stanley raised their price target on the stock from $78.00 to $82.00, AR Network reports. SanDisk Corporation (NASDAQ:SNDK) shares advanced 2.38% in last trading session and ended the day on $83.12. SNDK return on equity ratio is recorded as 14.80% and its return on assets is 10.60%. SanDisk Corporation (NASDAQ:SNDK) yearly performance is 54.35%.
Brocade Communications Systems (NASDAQ:BRCD) VP Ken Cheng unloaded 15,000 shares of Brocade Communications Systems stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $10.35, for a total value of $155,250.00. Brocade Communications Systems, Inc. (NASDAQ:BRCD) shares moved up 2.17% in last trading session and was closed at $10.84 while trading in range of $10.84 – Brocade Communications Systems, Inc. (NASDAQ:BRCD) year to date (YTD) performance is 22.21%.
Fusion-io Inc. (NYSE:FIO) has battled back to a key level, and now the bulls are looking for a breakout. Fusion-IO, Inc. (NYSE:FIO) weekly performance is -5.48%. On last trading day company shares ended up $10.70. Fusion-IO, Inc. (NYSE:FIO) distance from 50-day simple moving average (SMA50) is -2.18%. Analysts mean target price for the company is $12.29.
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