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

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.

You May Also Be Interested In

• Opthea Ltd. (OPT) PT Raised to $18 at Oppenheimer
• Blue Foundry Bancorp (BLFY) PT Lowered to $8 at Keefe, Bruyette & Woods
• Premier Financial Corp. (PFC) PT Raised to $22 at Piper Sandler