Nimble Storage Coverage Initiated by Analysts at Goldman Sachs Group Inc. (NMBL)
Research analysts at Goldman Sachs Group Inc. assumed coverage on shares of Nimble Storage (NASDAQ:NMBL) in a report released on Tuesday, TheFlyOnTheWall.com reports. The firm set a “neutral” rating on the stock.
Shares of Nimble Storage (NASDAQ:NMBL) traded up 0.88% during mid-day trading on Tuesday, hitting $43.33. The stock had a trading volume of 207,922 shares. Nimble Storage has a 1-year low of $33.14 and a 1-year high of $47.85. The stock has a 50-day moving average of $39.50 and a 200-day moving average of $39.50. The company’s market cap is $3.045 billion.
Separately, analysts at RBC Capital initiated coverage on shares of Nimble Storage in a research note to investors on Thursday, December 19th. They set an “outperform” rating and a $40.00 price target on the stock. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Nimble Storage has an average rating of “Buy” and an average target price of $46.67.
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