Nimble Storage (NMBL): Large Account Traction Encouraging - Susquehanna

November 23, 2016 6:32 AM EST
Get Alerts NMBL Hot Sheet
Price: $8.48 -1.74%

Rating Summary:
    13 Buy, 14 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 22 | Down: 16 | New: 13
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Susquehanna analyst, Mehdi Hosseini, reiterated his Positive rating on shares of Nimble Storage (NYSE: NMBL) after a relatively in-line October-quarter report and guide coincided with the analyst's belief that NMBL is well-positioned to continue gaining share with its Hybrid/All-Flash portfolio.

The analyst also points out that the prospect of being a potential takeover target for a larger player should not be overlooked. No change to the price target of $12.

For an analyst ratings summary and ratings history on Nimble Storage click here. For more ratings news on Nimble Storage click here.

Shares of Nimble Storage closed at $9.24 yesterday.

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