BofA/Merrill Lynch Downgrades Gigamon (GIMO) to Underperform
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DA Davidson Downgrades Gigamon (GIMO) to Neutral
July 9, 2014 8:26 AM EDTDA 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.
... MoreGoldman Sachs Downgrades Gigamon (GIMO) to Neutral
July 9, 2014 7:25 AM EDTGoldman 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 EDTNeedham & 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 EDTWilliam 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.
... MoreGigamon (GIMO) Prelim. Q2 Revs Miss Expectations
July 8, 2014 4:11 PM EDTGigamon (NYSE: GIMO) announced preliminary results for the second quarter of fiscal year 2014 ended June 28, 2014.
Gigamon expects revenue for the second quarter to be approximately $34.5 million to $35.0 million, below the company's previously stated guidance of $38.0 million to $42.0 million.
*** The Street sees revs of $40.2 million.
Gross margins and... More
