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Stock Market & Financial Investment News

News Breaks
May 20, 2014
08:00 EDTSONSSonus Networks shares can double or triple, says Jefferies
Jefferies says it continues to believe shares of Sonus Networks can double or even triple over the next several years. The firm says the company's CEO was "very bullish" in recent meetings with investors. Jefferies believes Sonus will implement a reverse stock split, which it thinks would be a positive catalyst for shares. It has a Buy rating on Sonus with a $5 price target.
News For SONS From The Last 14 Days
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March 25, 2015
07:07 EDTSONSSonus downgraded to Market Perform from Outperform at Northland
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06:32 EDTSONSSonus downgraded to Hold from Buy at Wunderlich
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March 24, 2015
16:20 EDTSONSOn The Fly: Closing Wrap
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13:01 EDTSONSSonus downgraded to Market Perform from Outperform at William Blair
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12:44 EDTSONSOn The Fly: Midday Wrap
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12:06 EDTSONSSonus downgraded to Market Perform from Outperform at Barrington
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11:26 EDTSONSSonus downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo downgraded Sonus to Market Perform citing the reduced Q1outlook from carrier delays.
10:09 EDTSONSHigh option volume stocks
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09:47 EDTSONSSonus shares maintained as a Buy at Jefferies
Jefferies said Sonus' long-term story is intact and expects the company to benefit from the transition to IP-based real-time communications. Shares are Buy rated with a $25 price target.
09:22 EDTSONSOn The Fly: Pre-market Movers
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08:12 EDTSONSSonus down 33.21% in pre-market trading after cutting Q1 guidance
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07:47 EDTSONSSonus volatility flat at 46 into cutting Q1 guidance
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07:35 EDTSONSSonus says 'no longer expects to receive certain orders' this quarter
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07:33 EDTSONSSonus sees FY15 revenue up to 25% below midpoint of previous $326M-$330M view
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07:32 EDTSONSSonus initiates company-wide review of cost structure
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07:32 EDTSONSSonus cuts Q1 EPS view to (34c)-(29c) from 3c
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07:31 EDTSONSSonus cuts Q1 revenue view to $47M-$50M from $74M
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March 23, 2015
12:55 EDTSONSFollow-up: Sonus downgraded at Wedbush
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12:41 EDTSONSSonus downgraded to Neutral from Outperform at Wedbush
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March 18, 2015
07:03 EDTSONSSonus transitions enterprises to Microsoft Skype for business
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