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Wells Fargo & Co. upgraded Nimble Storage Inc (NYSE:NMBL) to Outperform in a statement released earlier today.

Just yesterday Nimble Storage Inc (NYSE:NMBL) traded -2.42% lower at $8.64. NMBL’s 50-day average is $8.21 and its two hundred day moving average is $7.89. The last stock close price is up 2.34% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time. 649,795 shares of NMBL traded, down from an avg. volume of 1,099,720

Wells Fargo & Co. has upgraded Nimble Storage Inc (NYSE:NMBL) to Outperform in a report released on Wednesday October 12, 2016.

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Nimble Storage Inc (NYSE:NMBL)

Nimble Storage Inc has with a one year low of $5.64 and a 52 week high of $23.64 and has a market cap of $0.

Also covering Nimble Storage Inc's price target, a total of 19 brokerages have released a ratings update on NMBL. The one year target is $11.39 with 0 firms rating the stock a strong buy, 0 brokerages rating the stock a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.

More About Nimble Storage Inc (NYSE:NMBL)

Nimble Storage, Inc. (Nimble Storage) engineers and delivers its customers with flash storage platform. The Company's Predictive Flash platform consists of a Unified Flash Fabric that provides a single consolidation architecture with common data services across a portfolio of All Flash and Adaptive Flash arrays, and InfoSight predictive analytics with integrated support and service offerings. It enables information technology (IT) organizations to manage performance, capacity and cost for the applications running across the data center with InfoSight cloud-based management software. The Predictive Flash platform includes over six components, such as AF-Series All Flash arrays, CS-Series Adaptive Flash arrays, Unified Flash Fabric, InfoSight, SmartStack and Timeless Storage. Its operating system, NimbleOS, enables its end customers to achieve the performance and capacity requirements of mainstream enterprise applications.

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