Thursday, March 09, 2017 8:07:19 AM
I'm sure you saw the Fly story yesterday:
Nimble Storage could still be 'in play,' says Maxim Maxim analyst Nehal Chokshi recommends investors hold on to shares of Nimble Storage (NMBL) after the company announced a deal to be acquired by Hewlett Packard Enterprise (HPE) as he believes the company may still be "in play." He views Microsoft (MSFT), Cisco (CSCO) and NetApp (NTAP) as among other potential suitors for Nimble and adds that the $40M break up fee "is not too significant" to prevent other suitors from stepping in. The analyst, who has a $14 price target on Nimble based on its stand-alone value, added that the takeover price it garnered reflects positively on the valuation of peer Pure Storage (PSTG). Nimble shares closed yesterday at $12.58, above HP's $12.50 per share bid.
Read more at:
http://thefly.com/landingPageNews.php?id=2517136
PSTG
Recent PSTG News
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/23/2024 08:12:59 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/23/2024 08:08:40 PM
- Pure Storage Named a Leader in the 2024 Gartner® Magic Quadrant™ for Primary Storage Platforms • PR Newswire (US) • 09/20/2024 03:25:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/05/2024 08:26:46 PM
- Nvidia, HP, Okta, Pure Storage Drop Post-Earnings; Salesforce, Nutanix, Affirm Surge • IH Market News • 08/29/2024 10:09:21 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/28/2024 08:06:14 PM
- Pure Storage Announces Second Quarter Fiscal 2025 Financial Results • PR Newswire (US) • 08/28/2024 08:05:00 PM
- U.S. Futures Edge Up as Nvidia Earnings Loom, Oil Prices Slide • IH Market News • 08/28/2024 09:52:22 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/21/2024 08:45:13 PM
- Pure Storage Embraces Next-Generation Networking for AI with Ultra Ethernet Consortium Membership • PR Newswire (US) • 08/13/2024 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/07/2024 09:52:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/07/2024 09:50:31 PM
- Pure Storage Announces Date and Conference Call Information for Second Quarter Fiscal 2025 Financial Results • PR Newswire (US) • 08/07/2024 08:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/22/2024 08:12:23 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/19/2024 08:14:17 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/18/2024 08:13:27 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/09/2024 08:46:10 PM
- Pure Storage Recognizes Customers Driving Business Impact in Fourth Annual Breakthrough Awards Program • PR Newswire (US) • 06/21/2024 01:00:00 PM
- Pure Storage Platform Arms Enterprises in Fight Against Ransomware with Groundbreaking New Cyber Resiliency Services and Capabilities • PR Newswire (US) • 06/19/2024 01:00:00 PM
- Industry-First Innovations in the Pure Storage Platform Help Customers Keep Pace with AI's Rapid Evolution • PR Newswire (US) • 06/19/2024 01:00:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/18/2024 09:22:11 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/18/2024 05:41:22 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/14/2024 08:48:32 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/14/2024 08:47:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/14/2024 08:46:38 PM
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