Deutsche Bank Upgrades Infoblox (BLOX) to Hold

September 20, 2016 7:01 AM EDT
Get Alerts BLOX Hot Sheet
Price: $26.45 +0.19%

Rating Summary:
    6 Buy, 10 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 11 | Down: 23 | New: 30
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Deutsche Bank upgraded Infoblox (NYSE: BLOX) from Sell to Hold following its merger agreement.

Analyst Vijay Bhagavath said, "We do not anticipate counterbids given our view for a structurally challenged refresh opportunity for BLOX’s core IP Address Automation portfolio and lack of clarity on DNS security as a next phase growth driver."

For an analyst ratings summary and ratings history on Infoblox click here. For more ratings news on Infoblox click here.

Shares of Infoblox closed at $26.35 yesterday.

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