UPDATE: Goldman Sachs Initiates Gigamon at Neutral on Market Share Leader Position
July 08, 2013 at 09:41 AM EDT
In a report published Monday, Goldman Sachs analyst Kent Schofield initiated coverage on Gigamon (NYSE: GIMO ) with a Neutral rating and $27.00 price target. In the report, Goldman Sachs noted, “We view Gigamon as a sustainable technology and market share leader in the fast growing Network Visibility Fabric (NVF)