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Stock Market & Financial Investment News

News Breaks
August 8, 2014
07:02 EDTNMBLNimble Storage initiated with an Outperform at Wells Fargo
Price target range $32-$34.
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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