Susquehanna Expects a Decline in NetApp Hybrid Cloud Revenues By

¬© Reuters. By Sam Boughedda Shares of NetApp (NASDAQ:) were downgraded to Neutral from Positive at Susquehanna by an analyst on Monday. In a wide-ranging note on technology hardware stocks, the¬†analyst said their newly introduced FY24 estimates for NetApp reflect a mid-single-digit year-over-year decline in hybrid cloud revenues, mainly driven by a decrease in product … Read more