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NetApp price target raised to $130 from $115 at Susquehanna

Susquehanna raised the firm’s price target on NetApp to $130 from $115 and keeps a Positive rating on the shares. The firm said its recent checks suggest AFA revenue growth acceleration into 2025-2026. As such, Susquehanna updated its above-consensus estimates, while also raising our price target into 4QFY24 earnings next week.

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