Skip Navigation

Bank of America downgrades NetApp, says cloud data company has limited upside from here

Published Thu, Mar 24 20228:09 AM EDT

Sarah Min @_sarahmin

NetApp, Inc. logo seen displayed on smart phone.

Igor Golovniov | Lightrocket | Getty Images

Upside for NetApp will be limited as the cloud company spends heavily to grow its business, according to Bank of America.

More In Analyst Calls

Forget Nvidia. Here are 5 undervalued tech stocks every investor should own, Goldman Sachs says

Forget Nvidia. Here are 5 undervalued tech stocks every investor should own, Goldman Sachs says

FanDuel parent Flutter joining the big leagues. Moving primary listing to U.S. from U.K. may spur investor interest

FanDuel parent Flutter joining the big leagues. Moving primary listing to U.S. from U.K. may spur investor interest

Barclays upgrades a little-known biotech stock that it says can more than double

Barclays upgrades a little-known biotech stock that it says can more than double