Nimble Storage expected to report beat and raise quarter at Piper Jaffray Piper Jaffray expects Nimble Storage to report its third consecutive beat and raise quarter when reporting Q2 results on August 26. The firm believes demand has remained strong and reiterates an Overweight rating on the stock with a $47 price target.
Nimble Storage TAM expanded 7x, says Pacific Crest Pacific Crest believes that the formal release of Fibre Channel support increases Nimble Storage's total addressable market by 7x, as it enables the company to target larger enterprises. The firm recommends buying Nimble, citing what it sees as the company's favorable risk-reward, 40%-plus growth trajectory and path to profitability next year. Pacific Crest keeps a $44 price target and Outperform rating on the shares.