Infoblox Inc. (NYSE:BLOX) was a big mover last session, as the company saw its shares rise almost 7% on the day. The move came amid speculations that the company might put itself up for sale and is likely to have received interests from several potential buyers. This continues the recent uptrend for the company as the stock is now up 14.82% in the past one-month time frame.
In the last 30 days, the company has seen one downward estimate revision but the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Infoblox currently sports a Zacks Rank #1 (Strong Buy).
Another well-ranked Computer-Software stock is Avid Technology, Inc. (NASDAQ:AVID) , which sports the same Zacks Rank as Infoblox.
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AVID TECH INC (AVID): Free Stock Analysis Report
INFOBLOX INC (BLOX): Free Stock Analysis Report
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