NetApp Inc. (NASDAQ:NTAP) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as $79.75 and last traded at $78.53, with a volume of 3296451 shares changing hands. The stock had previously closed at $77.31.
A number of research analysts recently issued reports on NTAP shares. Morgan Stanley raised their target price on shares of NetApp from $62.00 to $64.00 and gave the company an “equal weight” rating in a research note on Friday, April 6th. DA Davidson set a $79.00 price target on shares of NetApp and gave the stock a “buy” rating in a research report on Friday, April 6th. Cross Research lowered shares of NetApp from a “buy” rating to a “hold” rating in a research report on Monday, April 2nd. William Blair upgraded shares of NetApp from a “market perform” rating to an “outperform” rating in a research report on Tuesday, April 17th. Finally, Deutsche Bank raised their price target on shares of NetApp from $40.00 to $43.00 and gave the stock a “sell” rating in a research report on Thursday, May 24th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating, twenty-one have issued a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $67.50.
Hot Bank Stocks To Buy For 2019: Alphabet Inc.(GOOGL)
- [By ]
When it comes to Walmart (WMT) , pay attention to any breaking news over the next week or so regarding Indian e-commerce giant Flipkart. The expectation is that Walmart will pay up to $12 billion for a stake of 60% to 80% of that firm. Rumors are rampant that once Walmart takes a controlling stake in Flipkart that Action Alerts PLUS holding Alphabet (GOOGL) will likely invest in the development of this business.
- [By Leo Sun]
Alphabet’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google couldcontrol 29.5% of the smart speaker market with its Home devices this year, according to eMarketer’s latest estimates. However, Amazon (NASDAQ:AMZN) will still control 66.6% of that market with its Echo speakers and Alexa-enabled devices.
- [By Daniel Sparks]
Alphabet’s (NASDAQ:GOOGL) (NASDAQ:GOOG) trend of strong growth continued in the company’s first quarter, with revenue rising 26% year over year, faster than the online search company’s 24% growth in its thirdand fourth quarters of 2017.”Our ongoing strong revenue growth reflects our momentum globally,” said Alphabet CFO Ruth Porat about the results.
- [By Beth McKenna]
From CEO Jensen Huang’s response to a question regarding data center chip competition, particularly from Alphabet’s (NASDAQ:GOOG)(NASDAQ:GOOGL) Google unit:
Hot Bank Stocks To Buy For 2019: Integrated Device Technology, Inc.(IDTI)
- [By Ezra Schwarzbaum]
Several other optics stocks stand to gain. In a Monday note, Bank of America Merrill Lynch analyst Vivek Arya also highlighlited the semiconductor space as one that could benefit from the news. Other stocks to watch include:
Lumentum Holdings Inc (NASDAQ: LITE)
Ciena Corporation (NYSE: CIEN)
Coherent, Inc. (NASDAQ: COHR)
II-VI, Inc. (NASDAQ: IIVI)
Inphi Corporation (NYSE: IPHI)
Skyworks Solutions Inc (NASDAQ: SWKS)
Integrated Device Technology Inc (NASDAQ: IDTI)
Qorvo Inc (NASDAQ: QRVO)
Xilinx, Inc. (NASDAQ: XLNX)
Broadcom Inc (NASDAQ: AVGO)
- [By Joseph Griffin]
Integrated Device Technology (NASDAQ:IDTI) CEO Gregory L. Waters sold 15,000 shares of the business’s stock in a transaction dated Friday, June 1st. The stock was sold at an average price of $33.66, for a total transaction of $504,900.00. Following the transaction, the chief executive officer now owns 796,129 shares in the company, valued at $26,797,702.14. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
- [By Stephan Byrd]
Envestnet Asset Management Inc. reduced its stake in shares of Integrated Device Technology (NASDAQ:IDTI) by 71.2% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 7,410 shares of the semiconductor company’s stock after selling 18,353 shares during the period. Envestnet Asset Management Inc.’s holdings in Integrated Device Technology were worth $226,000 at the end of the most recent reporting period.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Integrated Device Technology (IDTI)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Max Byerly]
Integrated Device Technology (NASDAQ:IDTI) was the recipient of a significant drop in short interest in the month of May. As of May 15th, there was short interest totalling 6,328,357 shares, a drop of 24.6% from the April 30th total of 8,395,638 shares. Based on an average trading volume of 1,373,188 shares, the short-interest ratio is presently 4.6 days. Currently, 4.8% of the company’s stock are sold short.
Hot Bank Stocks To Buy For 2019: Corium International, Inc.(CORI)
- [By Logan Wallace]
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
Get Corium International alerts:
Analysts Expect Corium International Inc (CORI) Will Post Earnings of -$0.39 Per Share (americanbankingnews.com) Aequus and Corium Join Forces to Advance Anti-Nausea Transdermal Patch (globenewswire.com) Corium International Inc (CORI) Expected to Post Quarterly Sales of $6.72 Million (americanbankingnews.com) Corium International Inc (CORI) Given Average Rating of “Buy” by Brokerages (americanbankingnews.com)
CORI has been the subject of several research analyst reports. Zacks Investment Research cut Corium International from a “buy” rating to a “hold” rating in a research report on Thursday, April 5th. Cantor Fitzgerald reiterated a “buy” rating and issued a $14.00 price objective on shares of Corium International in a research report on Tuesday, March 27th. ValuEngine upgraded Corium International from a “hold” rating to a “buy” rating in a research report on Monday, April 2nd. Finally, BidaskClub cut Corium International from a “buy” rating to a “hold” rating in a research report on Tuesday, March 13th. Two investment analysts have rated the stock with a sell rating and six have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $13.00.
- [By Motley Fool Staff]
Corium International (NASDAQ:CORI) Q2 2018 Earnings Conference CallMay. 14, 2018 5:00 p.m. ET
Prepared Remarks Questions and Answers Call Participants