Tag: NetApp

  • Analysts Downgrades: NetApp (NASDAQ:NTAP), UnitedHealth Group Inc. (NYSE:UNH), Microsoft Corporation (NASDAQ:MSFT), BlackBerry Ltd (NASDAQ:BBRY)

    NetApp (NASDAQ:NTAP) was downgraded by UBS AG from a “buy” rating to a “neutral” rating in a research note issued on Wednesday, American Banking & Market News reports. They currently have a $40.00 price target on the stock, down from their previous price target of $50.00. UBS AG’s target price points to a potential upside of 8.12% from the stock’s previous close. NetApp Inc. (NASDAQ:NTAP) shares after opening at $36.81 moved to $36.89 on last trade day and at the end of the day closed at $36.24. Company price to sales ratio in past twelve months was calculated as 1.88 and price to cash ratio as 2.37. NetApp Inc. (NASDAQ:NTAP) showed a negative weekly performance of -3.77%.

    Citigroup downgraded UnitedHealth Group Inc. (NYSE:UNH) to “neutral” from “buy” ahead of the company’s first-quarter earnings report tomorrow morning. UnitedHealth Group Inc. (NYSE:UNH) shares fell -1.66% in last trading session and ended the day on $78.19. UNH return on equity ratio is recorded as 17.70% and its return on assets is 6.90%. UnitedHealth Group Inc. (NYSE:UNH) yearly performance is 28.03%.

    Microsoft Corporation (NASDAQ:MSFT) was downgraded by investment analysts at Deutsche Bank from a “buy” rating to a “hold” rating in a note issued to investors on Monday, TheFlyOnTheWall.com reports. They currently have a $42.00 price target on the stock. Deutsche Bank’s target price would indicate a potential upside of 5.66% from the company’s current price. Microsoft Corporation (NASDAQ:MSFT) shares moved up 1.64% in last trading session and was closed at $40.40, while trading in range of $39.90 – $40.42. Microsoft Corporation (NASDAQ:MSFT) year to date (YTD) performance is 8.81%.

    BlackBerry Ltd (NASDAQ:BBRY) was downgraded by analysts at Credit Suisse from a “neutral” rating to an “underperform” rating. They now have a $6.00 price target on the stock, down previously from $7.00. BlackBerry Ltd (NASDAQ:BBRY) weekly performance is -10.18%. On last trading day company shares ended up $7.15. BlackBerry Ltd (NASDAQ:BBRY) distance from 50-day simple moving average (SMA50) is -21.92%. Analysts mean target price for the company is $10.90.