- Respective Positive, Outperform and Buy ratings are restated at Susquehanna (target $12) [well-positioned, potential takeover target], BMO Capital Markets (target from $13 to $12) [all-flash array momentum, large deal metrics potential, shares undervalued] and Needham & Company ($12) [highlights all-flash array, views long-term potential] on the earnings reaction, with a Sector Perform rating reissued at RBC Capital Markets.
- Nimble Storage (NYSE:NMBL) shares are off pre-market to $8.30.
- Yesterday – Nimble Storage -8%; Q3 as projected, Q4 loss-per-share guide greater than consensus