NetApp Inc. (NASDAQ:NTAP) traded today at a new 52-week high of $93.67. So far today approximately 230,000 shares have been exchanged, as compared to an average 30-day volume of 1.5 million shares.
NetApp is a leading provider of enterprise data management and storage solutions. The company’s three operating business units are products, software maintenance, and hardware maintenance. NetApp transitioned from a data center storage firm to a company with software data management solutions for multicloud environments. The California-headquartered company sells globally and has approximately 10,000 employees.
NetApp Inc. (NASDAQ:NTAP) is currently priced 14.7% above its average consensus analyst price target of $79.14.
In the past 52 weeks, NetApp Inc. share prices are bracketed by a low of $40.46 and a high of $93.67 and is now at $92.75, 129% above that low price.
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