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Abacus FCF Advisors LLC Has $11.14 Million Position in NetApp, Inc. $NTAP
Abacus FCF Advisors LLC reduced its stake in NetApp, Inc. by 23.6% in the fourth quarter, now holding 104,034 shares valued at approximately $11.14 million. Despite recent downgrades from analysts, NetApp exceeded quarterly earnings expectations and announced a quarterly dividend. The company’s stock currently has a “Hold” consensus rating from analysts with an average price target of $120.75.