Nimble Storage (NMBL) Tops Q4 EPS by 1c

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Nimble Storage (NMBL) PT Lowered to $35 at Needham & Company; Maintains 'Strong Buy'

February 27, 2015 6:42 AM EST

Needham & Company analyst Richard Kugele lowered his price target on Nimble Storage (NYSE: NMBL) to $35.00 (from $37.00) following Q4 results but maintained a Strong Buy rating on the stock.

Kugele commented, "It was another impressive quarter for NMBL, with strong FC adoption, ramping penetration... More