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Notable Downgrades: NetApp (NTAP), Nvidia (NVDA), Sirius XM (SIRI), Lululemon (LULU), Sonus Networks (SONS)

Analysts at Piper Jaffray downgraded NetApp, Inc. (NTAP) from ‘Overweight‘ to ‘Neutral‘ in a research report issued to clients on Monday. The target price for NTAP is lowered from $42 to $36. On valuation measures, NetApp Inc. stock it’s trading at a forward P/E multiple of 12.51x, and at a multiple of 19.27x this year’s […] View the full post at: Notable Downgrades: NetApp (NTAP), Nvidia (NVDA), Sirius XM (SIRI), Lululemon (LULU), Sonus Networks (SONS) Related posts: Insider Selling: Twitter (TWTR) CEO Unloads $5M Worth of Stock
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