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Stock Market & Financial Investment News

News Breaks
July 25, 2014
04:55 EDTSONS, SONS, SONSSonus Networks management to meet with Pacific Crest
Meetings to be held in Boston on July 31 and in New York on August 1 hosted by Pacific Crest.
News For SONS From The Last 14 Days
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February 19, 2015
08:16 EDTSONSSonus share pullback yesterday 'inexplicable,' says Jefferies
Jefferies says yesterday's sell-off in shares of Sonus is "inexplicable" and "at odds" with the reported Q4 results. The firm calls Sonus's Q4 gross margin "very strong" and notes its Q1 and 2015 guidance were in line with consensus. Jefferies sees a compelling entry point at current levels and keeps a Buy rating on Sonus with a $25 price target.
08:11 EDTSONSSonus weakness likely provides buying opportunity, says Wells Fargo
After Sonus reported Q4 sales in-line with its recently reduced guidance but reiterated its Q1 and 2015 guidance, Wells Fargo believes that the company's growth and profitability is likely to improve through 2015. Consequently, the firm thinks the sell-off following the company's results is likely to prove to be an attractive entry point, It keeps an Outperform rating on the shares.
06:07 EDTSONSSonus weakness a buying opportunity, says B. Riley
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