Information Provided By:
Fly News Breaks for May 9, 2017
NTCT, VIAV, GIMO
May 9, 2017 | 06:05 EDT
DA Davidson analyst Mark Kelleher downgraded Gigamon to Neutral citing valuation following the recent rally. The analyst believes a sale of the company will be high on the strategic alternatives list for new activist investor Elliott Management. He lists Viavi (VIAV) and NetScout (NTCT) as possible acquirers. Should a deal happen, Kelleher expects a "lack of take-out premium." He raised his price target for Gigamon to $40.
News For GIMO;VIAV;NTCT From the Last 2 Days
There are no results for your query GIMO;VIAV;NTCT