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Fly News Breaks for September 22, 2015
BLOX
Sep 22, 2015 | 06:48 EDT
Deutsche Bank analyst Vijay Bhagavath downgraded Infoblox to Hold citing near-term caution on sales operating expenses and competitive headwinds. Bhagavath notes his recent channel checks indicate that the company's IP Address Automation platforms and DNS Security products are in "sales push" mode. He cut his price target for shares to $20 from $30.
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