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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

DateFirmActionFromTo
Mar 2017JMP SecuritiesUpgradesMarket PerformMarket Outperform
Dec 2016DoughertyInitiates Coverage OnBuy
Dec 2016DA DavidsonUpgradesNeutralBuy

View More Analyst Ratings for GIMO
View the Latest Analyst Ratings

Posted-In: Goldman SachsDowngrades Analyst Ratings

 

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