Morgan Stanley Raises NetApp Price Target Following Strong Earnings

NetApp (NTAP) reported robust fourth-quarter earnings, leading to a 22% stock price increase. Morgan Stanley raised its price target from $88 to $137 due to increased enterprise AI spending translating into storage demand.

By Thomas Richmond Sun, May 31, 2026 at 6:07 PM GMT+3 4 min read · Yahoo Finance · May 31, 2026, 15:07 UTC

Morgan Stanley Raises NetApp Price Target Following Strong Earnings

Tickers: $MS $NTAP

Topics: AI storage enterprise spending Morgan Stanley analysis NetApp earnings

Read the full article at Yahoo Finance

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