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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.
News For RKUS;UBNT From The Last 14 Days
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October 30, 2014
10:02 EDTRKUSOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Ally Financial (ALLY) upgraded to Buy from Hold at Deutsche Bank... Banco Bradesco (BBD) upgraded to Overweight from Neutral at JPMorgan... Cree (CREE) upgraded to Neutral from Underperform at BofA/Merrill... Finish Line (FINL) upgraded to Overweight from Neutral at Piper Jaffray... Grand Canyon (LOPE) upgraded to Overweight from Neutral at Piper Jaffray... Hess Corp. (HES) upgraded to Outperform from Sector Perform at Howard Weil... Ignite Restaurant (IRG) upgraded to Market Perform from Underperform at Raymond James... Lowe's (LOW) upgraded to Buy from Neutral at Goldman... MakeMyTrip (MMYT) upgraded to Buy from Hold at Deutsche Bank... MicroStrategy (MSTR) upgraded to Overweight from Equal Weight at First Analysis... Moelis (MC) upgraded to Positive from Neutral at Susquehanna... PG&E (PCG) upgraded to Neutral from Sell at Goldman... RF Micro Devices (RFMD) upgraded to Buy at Canaccord... Ruckus Wireless (RKUS) upgraded to Equal Weight from Underweight at Morgan Stanley... STMicroelectronics (STM) upgraded to Neutral from Sell at UBS... Sealed Air (SEE) upgraded to Market Perform from Underperform at Wells Fargo... Software AG (STWRY) upgraded to Neutral from Underweight at JPMorgan... Southwest (LUV) upgraded to Neutral from Underweight at JPMorgan... Sprint (S) upgraded to Neutral from Underperform at Credit Suisse... SunPower (SPWR) upgraded to Buy from Hold at Canaccord... Take-Two (TTWO) upgraded to Buy from Hold at Brean Capital... TriQuint (TQNT) upgraded to Buy at Canaccord... Visa (V) upgraded to Outperform from Market Perform at FBR Capital... Whiting Petroleum (WLL) upgraded to Overweight from Equal Weight at Stephens.
07:58 EDTRKUSRuckus Wireless upgraded to Equal Weight from Underweight at Morgan Stanley
Morgan Stanley upgraded Ruckus Wireless to Equal Weight and maintained its $13 price target. The firm expects an in-line quarter and said service provider spending has remains strong.
October 29, 2014
09:39 EDTRKUSRuckus to provide routers for Google small business Wi-Fi program, GigaOM says
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October 22, 2014
09:04 EDTUBNTUbiquiti Networks announces distribution agreement with Redington
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