Ruckus Wireless shares should be bought ahead of results, says Oppenheimer After conducting checks in the U.S. and Europe, Oppenheimer predicts that Ruckus (RKUS) will report in-line or slightly better than expected Q2 results. The firm expects the company's positive momentum to continue into Q3 and it is now more upbeat on the company's new vSCG. The firm has an Outperform rating on the shares.
Ruckus 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.