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Deutsche Bank upgraded Infoblox (NYSE:BLOX) from Sell to Hold in a report released today.

Deutsche Bank has upgraded Infoblox (NYSE:BLOX) from Sell to Hold in a report released on 9/20/2016.

Yesterday Infoblox (NYSE:BLOX) traded -0.11% lower at $26.35. The company’s 50-day moving average is $20.78 and its 200-day moving average is $18.30. The last closing price is up 43.83% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 3,589,396 shares of the stock were exchanged, up from an average trading volume of 1,224,320

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Infoblox (NYSE:BLOX)

Infoblox has a 52 week low of $13.22 and a 52 week high of $26.38 Infoblox’s market capitalization is presently $0.

A total of 8 brokerages have released a report on Infoblox. Four brokerages rating the company a strong buy, four brokerages rating the company a buy, three brokerages rating the company a hold, one brokerage rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $20.25.

General Company Details For Infoblox (NYSE:BLOX)

Infoblox Inc. provides enterprise and service provider-class solutions to automate management of the critical network infrastructure services. The Company provides network control, network automation and domain name system (DNS) security though appliance-based solutions. The Company's solutions combine real-time Internet protocol address management (IPAM), automation of network control, change and configuration management processes and DNS-based infrastructure security in purpose-built physical and virtual appliances. The Company's functions include delivering critical network protocol services, such as dynamic host configuration protocol (DHCP), network change and configuration management, and network infrastructure security. The Company offers four product families: Core Network Services, Infrastructure Security, Cloud Network Automation, and Network Change and Configuration Management.

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