Market Overview

Vetr Top Raters Love Nimble Storage

Share:

Shares of Nimble Storage Inc (NYSE:NMBL) have rebounded almost 30 percent from their February lows, but are still down more than 17 percent year-to-date.

The recent recuperation but still depressed valuation may have led top raters at the Vetr community to upgrade the stock from 4.0 Stars to 5.0 Stars -- out of a possible 5.0 Star rating.

Related link: Here's How Crowdsourced Ratings Can Beat The Market

It should be noted that 100 percent of the crowd’s ratings are bullish; their average price target of $9.75 implies an upside of over 28 percent from current valuations.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.

Latest Ratings for NMBL

DateFirmActionFromTo
Mar 2017DowngradesBuyHold
Mar 2017DowngradesOverweightEqual-Weight
Mar 2017DowngradesOutperformMarket Perform

View More Analyst Ratings for NMBL
View the Latest Analyst Ratings

Posted-In: VetrUpgrades Price Target Crowdsourcing Analyst Ratings General

 

Related Articles (NMBL)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
POWLSidoti & Co.Maintains47.0
XDeutsche BankInitiates Coverage On121.0
WTEBMO CapitalMaintains18.0
DOLBMO CapitalMaintains50.0
NABMO CapitalMaintains69.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

Why Marriott Will Likely Make A New Offer For Starwood

United Now A 1-Star Stock Among Vetr Top Raters