Infoblox Tumbles 11%: Needham, Deutsche More Pessimistic about a Turnaround

Tech Trader Daily
By Tiernan RayNov 24, 2015, 1:07 pm201 pts
Shares of networking technology vendor Infoblox (BLOX) are down $1.79, over 11%, at $13.95, after Deutsche Bank and Needham & Co. both cut their ratings on the stock in advance of the company’s earnings report this coming Monday, November 30th, warning of unsettling trends in the business. Needham’s Alex…

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