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Stock Market & Financial Investment News

News Breaks
February 28, 2014
13:53 EDTRKUSSequoia pressure on Ruckus ends with distribution completed, says Stifel
Stifel notes that a regulatory filing from Sequoia indicates the distribution of its remaining stake in Ruckus Wireless has been completed. Stifel says selling pressure from Sequoia may have hurt shares of Ruckus in the past few months. The firm maintains a Buy rating on Ruckus.
News For RKUS From The Last 14 Days
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July 30, 2014
16:25 EDTRKUSRuckus Wireless sees Q3 EPS 9c-11c, consensus 6c
Sees Q3 revenue $84M-$86M, consensus $85.02M.
16:25 EDTRKUSRuckus Wireless reports Q2 EPS 11c, consensus 5c
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10:00 EDTRKUSOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Aerohive Networks (HIVE) initiated with an Outperform at Pacific Crest... Cray (CRAY) coverage assumed with a Buy at Needham... Netgear (NTGR) initiated with a Sector Perform at Pacific Crest... NextEra Energy Partners (NEP) initiated with a Market Perform at Wells Fargo... Ruckus Wireless (RKUS) initiated with an Outperform at Pacific Crest.
05:34 EDTRKUSRuckus Wireless initiated with an Outperform at Pacific Crest
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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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