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Stock Market & Financial Investment News

News Breaks
March 14, 2014
09:28 EDTRKUS, UBNTRuckus 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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July 29, 2015
19:32 EDTRKUSOn The Fly: After Hours Movers
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16:42 EDTRKUSRuckus Wireless sees Q3 EPS 10c-13c, consensus 12c
Sees Q3 revenue $94M-$99M, consensus $95.62M
16:41 EDTRKUSRuckus Wireless reports Q2 EPS 9c, consensus 9c
Reports Q2 revenue $92.2M, consensus $88.23M.
July 17, 2015
13:29 EDTRKUSWireless infrastructure shares up after Ericsson,TESSCO report
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10:05 EDTRKUSOn The Fly: Analyst Upgrade Summary
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07:28 EDTRKUSRuckus Wireless upgraded to Buy at SunTrust
As previously reported, SunTrust upgraded Ruckus Wireless to Buy from Neutral. The firm raised estimates and increased its price target to $14 from $12 based on accelerating Service Provider growth and education vertical upside, low investor expectations on K-12 stimulus, favorable competitive dynamics in Service Provider, and valuation.
06:32 EDTRKUSRuckus Wireless upgraded to Buy from Neutral at SunTrust

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