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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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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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