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Goldman Sachs Downgrades Gigamon To Neutral

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Analysts at Goldman Sachs downgraded Gigamon (NYSE: GIMO) from “buy” to “neutral.”

The target price for Gigamon has been lowered from $29 to $14.

Gigamon shares have tumbled 43.54% over the past 52 weeks, while the S&P 500 index has gained 18.85% in the same period.

Gigamon's shares tumbled 32.56% to $12.26 in pre-market trading.

Latest Ratings for GIMO

Jun 2016Northland SecuritiesInitiates Coverage onOutperform
Mar 2016Stifel NicolausInitiates Coverage onHold
Jan 2016Credit SuisseMaintainsOutperform

View More Analyst Ratings for GIMO
View the Latest Analyst Ratings

Posted-In: Goldman SachsDowngrades Analyst Ratings


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