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Stock Market & Financial Investment News

News Breaks
May 30, 2014
07:04 EDTNMBLNimble Storage to be boosted by new products, says RBC Capital
After Nimble Storage reported stronger than expected results for its April quarter, RBC Capital thinks the results were solid. The firm expects the company's new products to boost its results going forward. It cut its price target on the shares to $45 from $56 to reflect lower multiples for companies with disruptive technologies, but keeps an Outperform rating on the stock.
News For NMBL From The Last 14 Days
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March 23, 2015
06:40 EDTNMBLEMC downgraded to Neutral from Overweight at Piper Jaffray
Piper Jaffray downgraded EMC (EMC) to Neutral to Neutral saying the company is facing increasing pressure from next-gen storage vendors and public cloud providers. Piper notes that it continues to hear Pure Storage and other vendors such as Nimble Storage (NMBL) are making inroads into the installed base of EMC. It cut its price target for shares to $27 from $30. The firm also downgraded NetApp (NTAP) to Neutral this morning for similar reasons, but says EMC has a more defensible position than NetApp.
06:37 EDTNMBLNetApp downgraded to Neutral from Overweight at Piper Jaffray
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March 16, 2015
11:08 EDTNMBLNimble Storage management to meet with Needham
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