William Blair Upgrades Nimble Storage (NMBL) to Outperform

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Needham & Company Upgrades Nimble Storage (NMBL) to Strong Buy

May 12, 2014 6:07 AM EDT

Needham & Company upgraded Nimble Storage (NYSE: NMBL) from Buy to Strong Buy with a price target of $35.00 (from $62.00).

Analyst Richard Kugele comments, "While todays market may shirk high-multiple tech names, not all were created equal, in our view. We think that... More