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Why Nimble Storage, Pure Storage Are In Free Fall
Friday, November 20, 2015 - 12:13pm | 782Shares of Nimble Storage Inc (NYSE: NMBL) lost nearly 50 percent on Friday, hitting a new 52-week low of $10.30. Nimble Storage reported a weaker-than-expected third quarter print and issued a downbeat outlook. Wall Street analysts were mostly negative on Nimble Storage, sending...
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Morgan Stanley: Nimble Storage Increased Its Market Four-Fold
Wednesday, November 26, 2014 - 11:49am | 189Nimble Storage Inc (NYSE: NMBL) reported its third quarter results on Tuesday after market close. The company reported a loss of $0.15 per share, slightly better than the $0.16 per share loss analysts were expecting, while revenue of $59.10 million was higher than the $57.75 million analysts were...
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Stifel Upgrades Arista Networks
Monday, November 3, 2014 - 12:18pm | 239Stifel upgraded Arista Networks Inc (NYSE: ANET) to Buy in a report issued Monday with a $95 price target. Analyst Sanjiv Wadhwani noted that "our checks show that the company continues to notch up big wins with large financial services companies. These include Barclays (an existing...
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Market Wrap For December 20: Markets Gain On GDP Data
Friday, December 20, 2013 - 5:44pm | 1875Major indices received a boost in Friday's trading activity following a better than expected third quarter GDP. The surprising economic data is yet another key data that may suggests that the economy is healthy enough and could handle the Fed's recent decision to taper its bond buying program....