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Stock Market & Financial Investment News

News Breaks
May 21, 2014
07:42 EDTNMBLNimble Storage upgraded to Buy from Hold at Wunderlich
Wunderlich upgraded Nimble Storage to Buy after its channel checks indicated the company is gaining market share and seeing strong revenue momentum. The firm keeps a $38 price target for shares.
News For NMBL From The Last 14 Days
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October 1, 2014
09:32 EDTNMBLNetApp should be sold into strength, says Morgan Stanley
Morgan Stanley said, yesterday, NetApp (NTAP) lost its Head of North American sales and another sales executive to Nimble Storage (NMBL), indicating some management have not bought into the product portfolio longer-term. The firm believes NetApp continues to lose share to cloud storage and disruptive NAND flash solutions and the executive departures highlights secular risks. Additionally, the analyst does not believe, despite speculation, Cisco (CSCO) will acquire the company. Morgan Stanley expects NetApp to report an inline to above October quarter but recommends selling any strength.

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