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Stock Market & Financial Investment News

News Breaks
August 19, 2014
08:33 EDTNMBLNimble Storage Q2 results should beat expectations, says Sterne Agee
Sterne Agee expects Nimble's Q2 results to beat expectations, as its checks on the company were positive. The firm thinks that estimates for the company are poised to rise, and it keeps a Buy rating on the shares.
News For NMBL From The Last 14 Days
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June 18, 2015
10:01 EDTNMBLOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Arch Capital (ACGL) downgraded to Market Perform from Outperform at BMO Capital... Bankrate (RATE) downgraded on revenue headwinds at SunTrust... Carter's (CRI) downgraded to Neutral from Buy at Sterne Agee CRT... Lumenis (LMNS) downgraded to Market Perform from Outperform at Wells Fargo... Nimble Storage (NMBL) downgraded to Hold from Buy at Wunderlich... Southwest (LUV) downgraded to Underweight from Overweight at Barclays... Spirit Airlines (SAVE) downgraded to Neutral from Outperform at Credit... Webster Financial (WBS) downgraded to Underweight from Equal Weight at Morgan Stanley.
07:55 EDTNMBLNimble Storage downgraded to Hold from Buy at Wunderlich
Wunderlich downgraded Nimble Storage (NMBL) to Hold citing the recent appreciation in shares, which the firm attributes to "heightened awareness of acquisition potential." The firm views Nimble as a "nice fit" for Cisco (CSCO), but believes some amount of a takeover premium is priced into the stock. It keeps a $33 price target for shares.

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