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Stock Market & Financial Investment News

News Breaks
March 12, 2014
07:48 EDTRKUSRuckus Wireless shares should be bought on weakness, says Oppenheimer
After meeting with Ruckus' management, Oppenheimer believes that recent concerns over the company's competition and a maturing enterprise market are "misplaced." The firm expects the company to benefit from its high exposure to enterprise-WiFi, as well as share gains in several vertical markets. The firm keeps an $18 price target and Outperform rating on the stock.
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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