UPDATE: Goldman Sachs Upgrades Infoblox Inc. to Buy
February 20, 2014 at 10:30 AM EST
Shares of Infoblox (NASDAQ: BLOX ) were upgraded from Neutral to Buy by Goldman Sachs Thursday morning. The firm maintains a $27 price target on the stock. Kent Schofield, analyst at Goldman Sachs, believes the “company's FY14 (July) guidance given at the time of the preannouncement will prove to be