Market Overview

Goldman Sachs Downgrades Gigamon To Neutral

Related GIMO
D.A. Davidson Downgrades Several Tech Stocks; Which Tech Stocks Do Analysts Like?
Gigamon Announces New Solutions For SSL Visibility And Enhancements For Multi-Tiered Security
Billion-Dollar Startup Nutanix to Planning IPO This Year (Fox Business)

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

DateFirmActionFromTo
Dec 2014DA DavidsonMaintainsNeutral
Dec 2014Raymond JamesUpgradesMarket PerformOutperform
Jul 2014BarclaysMaintainsEqual-weight

View More Analyst Ratings for GIMO
View the Latest Analyst Ratings

Posted-In: Goldman SachsDowngrades Analyst Ratings

 

Related Articles (GIMO)

Around the Web, We're Loving...

Get Benzinga's Newsletters