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NetApp in focus as Evercore upgrades on outlook
Seeking Alpha ·
Seeking Alpha reports: NetApp was in focus on Wednesday as Evercore upgraded the data infrastructure company for several reasons, including a better outlook for next year. Shares rose 1.6% in premarket trading. “We think NTAP's ~17% FY27 revenue-growth guide leaves meaningful room for upside, with Q1 actuals + the Q2 guide midpoint implying H1 growth of ~26% before decelerating to only ~9% in H2,” Evercore analyst Amit Daryanani wrote in a note to clients. “Even excluding Q1's extra week,…