New User:

-or-
Username:
Password:
Forgot your password?

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
Sign up for a free trial to see the rest of the stories you've been missing.
April 13, 2015
10:00 EDTRKUSOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:40 EDTRKUSRuckus Wireless upgraded to Positive from Mixed at OTR Global
Note that Goldman downgraded shares this morning.
09:20 EDTRKUSOn The Fly: Pre-market Movers
HIGHER: Builders FirstSource (BLDR), up 54.35% after acquiring ProBuild in all-cash transaction... Arrowhead (ARWR), up 14.3% after being cleared to proceed with multiple dose Phase 2b study of ARC-520... Oramed Pharmaceuticals (ORMP), up 6.9% after enrolling first patient in glucose clamp study for oral insulin... Clovis Oncology (CLVS), up 8.2% after being upgraded to Buy from Neutral at Goldman... Quantum (QTM), up 3.2% after announcing go-to-market partnership with Dot Hill Systems (HILL)... Netflix (NFLX), up 3.4% after being upgraded to Buy from Neutral at UBS... Apple (AAPL), up just under 1% following reports of Apple Watch orders. LOWER: Sina (SINA), down 3% following a report from the Financial Times that China may shut down the company if censorship doesn't improve... Ruckus Wireless (RKUS), down 2.9% after being downgraded to Buy from Conviction Buy at Goldman... Allot Communications (ALLT), down 2.7% after being downgraded to Hold from Buy at Needham.
08:08 EDTRKUSRuckus Wireless downgraded to Buy from Conviction Buy at Goldman
Subscribe for More Information
April 7, 2015
10:05 EDTUBNTOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
07:39 EDTUBNTUbiquiti Networks downgraded at BofA/Merrill
As previously reported, BofA/Merrill downgraded Ubiquiti Networks to Underperform from Buy. The firm cut shares two notches and lowered its price target to $33 from $40 on a weakening WISP market, product issues, increasing competition in Service Provider products, and FX headwinds.
06:14 EDTUBNTUbiquiti Networks downgraded to Underperform from Buy at BofA/Merrill

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use