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Fly News Breaks for May 11, 2016
GIMO
May 11, 2016 | 09:29 EDT
Following the company's analyst day, Credit Suisse analyst Kulbinder Garcha says his FY16/FY17 revenue estimates for Gigamon could prove conservative. Gigamon's total addressable market is expanding from $3B in the network visibility market to $6B when including the cybersecurity visibility, Garcha tells investors in a research note. He reiterates an Outperform rating on the shares with a $40 price target.
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