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 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.