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Stock Market & Financial Investment News

News Breaks
March 14, 2014
09:28 EDTUBNT, RKUSRuckus not seeing significant direct competition from Ubiquiti, says Stephens
Stephens attributes the recent weakness in Ruckus Wireless (RKUS) shares to cautious comments made by another firm regarding the challenge to Ruckus posed by Ubiquiti Networks' (UBNT) UniFi products. Stephens said its checks, mostly with North American distributors, do not indicate that Ruckus is seeing any significant direct competition from Ubiquiti and Stephens keeps an Overweight rating and $17 price target on Ruckus.
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July 24, 2014
10:00 EDTRKUSRuckus Wireless upgraded to Conviction Buy from Buy at Goldman (pre-open)
Pre-open, Goldman added Ruckus Wireless to the Conviction Buy List citing relative valuation, strong secular headwinds, share gains, and new product introductions. Price target is remains $18.

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