Infoblox Inc (NYSE:BLOX) has been downgraded to Neutral in a statement by Piper Jaffray Cos. earlier today.
- Updated: September 19, 2016
Piper Jaffray Cos. has downgraded Infoblox Inc(NYSE:BLOX) to Neutral in a report released on 9/19/2016.
Previously on 8/29/2016, Zacks Investment Research released a statement for Infoblox Inc(NYSE:BLOX) upped the target price from $0.00 to $23.00 that indicated a possible upside of 0.14%.
Only yesterday Infoblox Inc (NYSE:BLOX) traded 15.18% higher at $26.26. Infoblox Inc’s 50-day moving average is $20.16 and its two hundred day moving average is $18.04. With the last stock price close up 45.79% relative to the two hundred day average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same time. 20,798,470 shares of the stock traded hands, up from ann average trading volume of 676,632.
Infoblox Inc has a 52 week low of $13.22 and a 52 week high of $26.35 and has a total market value of $0.0.
A total of 8 analysts have issued a ratings update on the company. Four firms rate the company a strong buy, four analysts rate the company a buy, three firms rate the stock a hold, one analyst rate the company to underperform, and lastly 0 brokeragesrate the company as sell with a consensus target stock price of $20.25
General Information 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 and Network Change and Configuration Management.
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