NetApp (NTAP) “Buy” Rating Reaffirmed at BMO Capital; The Target Price per Share is $73.0000; SANTO MINING (SANP) Shorts Lowered By 81.92%

NetApp, Inc. (NASDAQ:NTAP) Logo

SANTO MINING CORP (OTCMKTS:SANP) had a decrease of 81.92% in short interest. SANP’s SI was 9,800 shares in April as released by FINRA. Its down 81.92% from 54,200 shares previously. The stock decreased 25.00% or $0.0001 during the last trading session, reaching $0.0003. About shares traded. Santo Mining Corporation (OTCMKTS:SANP) has 0.00% since April 6, 2017 and is . It has underperformed by 11.55% the S&P500.

BMO Capital have a $73.0000 TP on the stock. The TP suggests a potential upside of 16.06% from NetApp (NASDAQ:NTAP)‘s close price. This rating was revealed in a note on 5 April.

NetApp, Inc. provides software, systems, and services to manage and store computer data worldwide. The company has market cap of $16.85 billion. It offers flash; flash arrays that support data management; hybrid arrays to deploy the speed of flash storage; hybrid cloud; ONTAP cloud storage data management service; NetApp cloud sync hybrid data management Software as a Service; NetApp private storage for cloud; and AltaVault cloud-integrated solutions. It currently has negative earnings. The firm also provides ONTAP storage operating system for data protection and security; SANtricity storage operating system, which provides performance, reliability, and data protection for application-driven workloads; SolidFire element operating system; NetApp StorageGRID Webscale software that allows clients to store and manage massive amounts of data on premises and in the cloud; NetApp integrated data protection solutions; OnCommand management software and management integration tools; and FlexArray storage virtualization software.

Since January 2, 2018, it had 0 insider purchases, and 7 insider sales for $3.65 million activity. Kurian George had sold 3,826 shares worth $241,076. REICH JOEL D sold 6,500 shares worth $362,686. On Tuesday, January 2 the insider NEVENS THOMAS MICHAEL sold $1.11 million.

Analysts await NetApp, Inc. (NASDAQ:NTAP) to report earnings on May, 23. They expect $0.86 earnings per share, up 19.44% or $0.14 from last year’s $0.72 per share. NTAP’s profit will be $230.41 million for 18.28 P/E if the $0.86 EPS becomes a reality. After $0.85 actual earnings per share reported by NetApp, Inc. for the previous quarter, Wall Street now forecasts 1.18% EPS growth.

Among 46 analysts covering Netapp Inc. (NASDAQ:NTAP), 16 have Buy rating, 7 Sell and 23 Hold. Therefore 35% are positive. Netapp Inc. has $7200 highest and $20 lowest target. $50.39’s average target is -19.89% below currents $62.9 stock price. Netapp Inc. had 155 analyst reports since August 17, 2015 according to SRatingsIntel. Lake Street maintained NetApp, Inc. (NASDAQ:NTAP) rating on Thursday, February 15. Lake Street has “Buy” rating and $62.0 target. The firm has “Neutral” rating given on Thursday, February 18 by Monness Crespi. UBS upgraded NetApp, Inc. (NASDAQ:NTAP) on Friday, May 26 to “Neutral” rating. As per Wednesday, January 6, the company rating was maintained by UBS. The firm has “Hold” rating given on Wednesday, August 16 by BMO Capital Markets. The stock of NetApp, Inc. (NASDAQ:NTAP) has “Buy” rating given on Tuesday, October 27 by Maxim Group. The company was maintained on Saturday, August 22 by Deutsche Bank. The firm earned “Sector Perform” rating on Thursday, November 17 by RBC Capital Markets. The stock has “Buy” rating by FBN Securities on Thursday, November 16. The stock has “Hold” rating by JMP Securities on Thursday, May 26.

The stock increased 1.60% or $0.99 during the last trading session, reaching $62.9. About 5.51 million shares traded or 65.39% up from the average. NetApp, Inc. (NASDAQ:NTAP) has risen 49.61% since April 6, 2017 and is uptrending. It has outperformed by 38.06% the S&P500.

Investors sentiment decreased to 1.14 in 2017 Q4. Its down 0.04, from 1.18 in 2017Q3. It fall, as 25 investors sold NetApp, Inc. shares while 162 reduced holdings. 93 funds opened positions while 120 raised stakes. 243.70 million shares or 0.52% less from 244.98 million shares in 2017Q3 were reported. Qs Investors Limited Liability Co, New York-based fund reported 42,776 shares. Sirios Mgmt Lp has 2.32% invested in NetApp, Inc. (NASDAQ:NTAP). Point72 Asia (Hong Kong) Limited invested in 106 shares or 0% of the stock. Regions holds 0.01% or 19,450 shares in its portfolio. The New York-based Mutual Of America Mngmt has invested 0.03% in NetApp, Inc. (NASDAQ:NTAP). Maryland-based Hussman Strategic Inc has invested 0.81% in NetApp, Inc. (NASDAQ:NTAP). Arizona State Retirement Sys, Arizona-based fund reported 185,431 shares. Lsv Asset reported 1.11 million shares stake. State Of Tennessee Treasury Department reported 0.03% in NetApp, Inc. (NASDAQ:NTAP). Quantitative Investment Mngmt Limited Liability reported 308,600 shares. Moreover, Invesco Limited has 0.08% invested in NetApp, Inc. (NASDAQ:NTAP). 1.69 million are owned by Voya Invest Limited Liability Corporation. Guggenheim Cap Lc has invested 0.17% in NetApp, Inc. (NASDAQ:NTAP). Westpac has 0.02% invested in NetApp, Inc. (NASDAQ:NTAP) for 15,323 shares. Acadian Asset Ltd Llc invested in 0.11% or 453,818 shares.

NetApp, Inc. (NASDAQ:NTAP) Institutional Positions Chart