Nimble Storage (NMBL): Raising PT But Gross Margin Remains In Focus - Wells Fargo
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Equities mixed as investors eye earnings; yen on intervention watch
- ServiceNow (NOW) stock falls as refreshed subscription outlook trails estimates
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
Summit Redstone Raises Price Target on Nimble Storage (NMBL) to $14 Following Solid 2Q
August 24, 2016 8:03 AM EDTSummit Redstone reiterated a Buy rating on Nimble Storage (NYSE: NMBL), and raised the price target to $14.00 (from $12.00), following the company's 2Q earnings report. NMBL reported revenue ahead of consensus estimates by $2.3mln, with EPS coming ahead of the Street estimates by a penny. 3Q EPS was guided inline.
Analyst Srini Nandury commented, "Following Nimbles solid F2Q results, we reiterate... More