Gigamon, Inc. (GIMO) Tops Q1 EPS by 5c
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Gigamon (GIMO) PT Lowered to $34 at Needham & Company Following 1Q Report & FY Guidance; 'Sharply Cutting Estimates After Ugly Guide'
April 28, 2017 8:34 AM EDTNeedham & Company lowered its price target on Gigamon (NYSE: GIMO) to $34.00 (from $38.00) while maintaining a Buy rating, following the company's first quarter report.
Analyst Alex Henderson notes a lowering of estimates after management provided weak guidance on heels of a first... More
Credit Suisse Downgrades Gigamon (GIMO) to Neutral After Another Disappointment
April 28, 2017 6:13 AM EDTCredit Suisse downgraded Gigamon (NYSE: GIMO) from Outperform to Neutral with a price target of $29.00 (from $38.00) after another disappointment.
While Q1 revenues was at the high end, guidance was disappointing. Weakness was due to Enterprise business in North America, as well as some lumpiness... More
