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Fly News Breaks for May 26, 2015
BLOX
May 26, 2015 | 07:32 EDT
Deutsche Bank raised its price target for Infoblox to $30 from $28 ahead of the company's April quarter results on Thursday. Deutsche expects a "modest beat and raise" versus consensus expectations. It has "higher conviction" that near-term fundamentals for Infoblox's core IP Address Automation portfolio are improving and keeps a Buy rating on the stock.
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