Piper Jaffray Downgrades Nimble Storage (NMBL) to Neutral

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JPMorgan Downgrades Nimble Storage (NMBL) to Neutral

March 4, 2016 7:23 AM EST

JPMorgan downgraded Nimble Storage (NYSE: NMBL) from Overweight to Neutral with a price target of $8.00 (from $15.00).

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 $8.25 yesterday.

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Nimble Storage (NMBL) Reports In-Line Q4 EPS; Guides Q1 EPS Below the Street

March 3, 2016 4:03 PM EST

Nimble Storage (NYSE: NMBL) reported Q4 EPS of ($0.12), in-line with the analyst estimate of ($0.12). Revenue for the quarter came in at $90.1 million versus the consensus estimate of $88.21 million.

"Our long-term goal is to emerge as the leader in storage. We executed well against that vision in our fourth quarter, adding a record 752 new customers,... More