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Benzinga
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How To Earn $500 A Month From NetApp Stock Ahead Of Q3 Earnings

1. NTAP will announce Q3 financial results on Feb. 27. 2. Expected earnings per share are $1.91, down from $1.94 last year. 3. Projected revenue is $1.7 billion, up from $1.61 billion a year prior. 4. Bank of America upgraded NTAP rating from Underperform to Neutral, target raised to $128. 5. NTAP offers a 1.70% dividend yield, potentially appealing to income investors.

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FAQ

Why Bullish?

While earnings are slightly down, revenue growth indicates resilience. Previous upgrades and dividends appeal to investors, suggesting positive sentiment.

How important is it?

Earnings results and analyst upgrades are pivotal; they can shift short-term investor sentiment significantly.

Why Short Term?

Upcoming earnings and rating change will likely influence near-term movements. Sentiment around dividends and revenue growth will also have a quicker impact.

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