Nimble Storage (NMBL) Reports In-Line Q3 EPS, Offers Q4 Guidance

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Go back to Nimble Storage (NMBL) Reports In-Line Q3 EPS, Offers Q4 Guidance

BMO Sees Better Margin Leverage Ahead for Nimble Storage (NMBL)

November 23, 2016 7:44 AM EST

BMO Capital analyst Tim Long lowered his price target on Nimble Storage (NYSE: NMBL) to $12.00 (from $13.00) following a mixed quarter but maintained an Outperform rating saying better margin leverage to come soon.

Long commented, "Nimble reported a mixed October quarter with in-line revenue and... More

Nimble Storage (NMBL) Weakness Creates Buying Opportunity - Needham & Company

November 23, 2016 6:45 AM EST

Needham & Company analyst Richard Kugele reiterated a Buy rating and $12 price target on Nimble Storage (NYSE: NMBL) following Q3 results driven by strong AFA traction. The analyst said the weakness due to EPS guidance creates a buying opportunity.

Kugele commented, "In our view, the key... More