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Infoblox (NASDAQ:BLOX) was downgraded by William Blair from an “outperform” rating to a “market perform” rating in a research note issued on Friday, TheFlyOnTheWall.com reports.

In other Infoblox news, Director Michael L. Goguen unloaded 17,564 shares of Infoblox stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of $20.53, for a total transaction of $360,588.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

A number of other firms have also recently commented on BLOX. Analysts at Goldman Sachs downgraded shares of Infoblox from a “buy” rating to a “neutral” rating in a research note on Friday. Separately, analysts at Deutsche Bank downgraded shares of Infoblox from a “buy” rating to a “hold” rating in a research note on Friday. Finally, analysts at DA Davidson cut their price target on shares of Infoblox from $24.00 to $21.00 in a research note on Friday, May 16th. They now have a “neutral” rating on the stock. Eleven research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Infoblox has an average rating of “Hold” and a consensus price target of $30.26.

Infoblox (NASDAQ:BLOX) opened at 20.52 on Friday. Infoblox has a 52 week low of $17.10 and a 52 week high of $48.97. The stock’s 50-day moving average is $19.18 and its 200-day moving average is $27.0. The company’s market cap is $1.105 billion.

Infoblox (NASDAQ:BLOX) last released its earnings data on Thursday, May 29th. The company reported $0.07 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.03 by $0.04. The company had revenue of $61.00 million for the quarter, compared to the consensus estimate of $61.65 million. During the same quarter last year, the company posted $0.11 earnings per share. Infoblox’s revenue was up 5.1% compared to the same quarter last year. Analysts expect that Infoblox will post $0.33 EPS for the current fiscal year.

Infoblox Inc (NASDAQ:BLOX) is an automated network controller.

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