Goldman Sachs Downgrades Gigamon To Neutral
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.
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