Infoblox Inc (NYSE:BLOX) has been downgraded to Equal Weight in a statement by Stephens earlier today.
- Updated: October 8, 2016
Stephens has downgraded Infoblox Inc (NYSE:BLOX) to Equal Weight in a report released on 10/06/2016.
Boasting a price of $26.41, Infoblox Inc (NYSE:BLOX) traded 0.00% even on the day. The last stock close price is up 36.24% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. The company has recorded a 50-day moving average of $23.67 and a 200-day moving average of $19.32. Trading volume was up over the average, with 2,442,123 shares of BLOX changing hands over the typical 1,581,580
With a market capitalization of $0, Infoblox Inc has one year low of $13.22 and a one year high of $26.41 .
In addition to Stephens reporting its target price, a total of 8 brokers have issued a research note on the company. The average stock price target is $20.25 with 4 analysts rating the company a strong buy, four equity analysts rating the company a buy, 3 brokerages rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis About Infoblox Inc (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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