Separately, analysts at Goldman Sachs (NYSE: GS) initiated coverage on shares of Infoblox in a research note to investors on Tuesday. They set a “neutral” rating and a $21.00 price target on the stock.
Infoblox traded up 2.78% on Tuesday, hitting $19.22. Infoblox has a 1-year low of $18.10 and a 1-year high of $23.35. The company’s market cap is $845.7 million.
Infoblox Inc. (Infoblox) is an automated network controller. The Company’s network functions include Internet protocol (IP) address management, device configuration, compliance, network discovery, policy implementation, security and monitoring.