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Fly News Breaks for July 25, 2017
GIMO
Jul 25, 2017 | 07:48 EDT
Credit Suisse analyst Kulbinder Garcha notes that Gigamon has recently drawn interest from investors, after Elliott disclosed stake and intent to engage with management. The analyst believes that management will be open to the sale of the company, and expects Enterprise IT, security partners, as well as private equity to show interest. Garcha reiterates a Neutral rating and $43 price target.
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