Morgan Stanley Raises Price Target for NetApp Following Strong Earnings

NetApp's stock surged 22% after reporting strong Q4 earnings and raising FY2027 guidance. Morgan Stanley raised its price target from $88 to $137, citing increased enterprise AI spending translating into storage demand.

By Thomas Richmond · TheStreet · May 31, 2026, 12:07 UTC

Tickers: $MS $NTAP

Topics: AI storage enterprise spending Morgan Stanley analysis NetApp earnings

Read the full article at TheStreet

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