Investors Jump On Nimble Storage After Upgrade

By | May 12, 2014

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Nimble Storage (NMBL) could be on the right track to capturing a much larger portion of the storage software market. That, at least, is the conclusion of Jason Ader, an analyst for William Blair & Co. In a note released Monday, Ader raised his rating on the company from market perform to outperform “based on the company’s more attractive valuation level, the anticipated addition of Fibre Channel support in 2014, and the general availability of its Scalper1 News

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