Gigamon (GIMO) Prelim. Q2 Revs Miss Expectations

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DA Davidson Downgrades Gigamon (GIMO) to Neutral

July 9, 2014 8:26 AM EDT

DA Davidson downgraded Gigamon (NYSE: GIMO) from Buy to Neutral.

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

Shares of Gigamon closed at $18.18 yesterday.

... More

Goldman Sachs Downgrades Gigamon (GIMO) to Neutral

July 9, 2014 7:25 AM EDT

Goldman Sachs downgraded Gigamon (NYSE: GIMO) from Buy to Neutral with a price target of $14.00 (from $29.00). The change follows weak Q2 results.

Analyst Kent Schofield said, "Even after the 29%+ decline in the afterhours share price, we expect shares will remain in the... More

Needham & Company Downgrades Gigamon (GIMO) to Buy

July 9, 2014 7:16 AM EDT

Needham & Company downgraded Gigamon (NYSE: GIMO) from Strong Buy to Buy with a price target of $20.00 (from $34.00).

Analyst Alex Henderson tates, "Gigamon pre-released its 2Q results after the close and offered very little in the way of detail. Moreover, they... More

William Blair Downgrades Gigamon (GIMO) to Market Perform

July 9, 2014 6:49 AM EDT

William Blair downgraded Gigamon (NYSE: GIMO) from Outperform to Market Perform.

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

Shares of Gigamon closed at $18.18 yesterday.

... More

BofA/Merrill Lynch Downgrades Gigamon (GIMO) to Underperform

July 9, 2014 6:38 AM EDT

BofA/Merrill Lynch downgraded Gigamon (NYSE: GIMO) from Neutral to Underperform with a price target of $11.00 (from $23.00) following Q2 negative pre-announcement.

Analyst Tal Liani notes this is the second negative preannouncement in a row for Gigamon. With guidance for gross margins and operating... More