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Fly News Breaks for March 23, 2017
NMBL
Mar 23, 2017 | 08:01 EDT
Maxim analyst Nehal Chokshi said regulatory filings make it clear that Hewlett Packard Enterprise (HPE) was able to negotiate an effective "no shop" clause in its deal to acquire Nimble Storage (NMBL) for $12.50 per share in cash. The analyst, citing the "clear evidence" that Nimble is not in play, downgraded the stock to Hold and lowered his price target from $14 to the $12.50 deal price.
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