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Fly News Breaks for June 18, 2015
CSCO, NMBL
Jun 18, 2015 | 07:55 EDT
Wunderlich downgraded Nimble Storage (NMBL) to Hold citing the recent appreciation in shares, which the firm attributes to "heightened awareness of acquisition potential." The firm views Nimble as a "nice fit" for Cisco (CSCO), but believes some amount of a takeover premium is priced into the stock. It keeps a $33 price target for shares.
News For NMBL;CSCO From the Last 2 Days
