Goldman Sachs Starts Infoblox (BLOX) at Neutral
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Price: $26.45 --0%
Rating Summary:
5 Buy, 10 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
Rating Summary:
5 Buy, 10 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
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Goldman Sachs initiates coverage on Infoblox (NYSE: BLOX) with a Neutral rating and $21 price target.
While the firm believes the company can lead in its core market with a best-of-breed
appliance that provides essential network IP connectivity services, they see limited near-term upside. They said the share discount to the group is warranted given slower to in-line relative revenue growth with lower operating margins.
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 $19.48 yesterday.
While the firm believes the company can lead in its core market with a best-of-breed
appliance that provides essential network IP connectivity services, they see limited near-term upside. They said the share discount to the group is warranted given slower to in-line relative revenue growth with lower operating margins.
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 $19.48 yesterday.
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