ARRIS price target raised to $32 from $26 at Brean Capital Brean Capital raised its price target on ARRIS citing expectations for renewed growth on more rapid than expected cost synergies from its acquisition of Motorola's consumer premise equipment division. Shares are Buy rated.
ARRIS guidance not as bad as feared, says Jefferies Jefferies believes ARRIS' below consensus guidance for Q4 is not as bad as feared. The firm says it remains "very bullish" on shares and that attention can now focus on the company's longer-term growth prospects. It keeps a Buy rating on ARRIS with a $40 price target.