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Why NetApp (NTAP) Might be Well Poised for a Surge

Zacks Investment Research·
Why NetApp (NTAP) Might be Well Poised for a Surge

NetApp (NTAP) has received a Zacks Rank #1 (Strong Buy) rating due to strong upward earnings estimate revisions from analysts. The company's consensus estimates have increased significantly, with current-quarter earnings expected at $2.60 per share (+26.8% YoY) and full-year earnings at $10.05 per share (+23.6% YoY). The stock has gained 6% over the past four weeks, reflecting investor confidence in its earnings growth prospects.

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