Fly News Breaks for March 3, 2015
ARUN, HPQ
Mar 3, 2015 | 07:38 EDT
Brean Capital said the HP (HPQ) deal for Aruba Networks (ARUN) is positive and makes sense as it will be accretive to earnings in the first year, it will add to HP's strategic offerings, and it should not impact HP's shareholder return profile. Brean Capital believes any weakness due to the acquisition would be a buying opportunity and reiterated its Buy rating and $45 price target on HP shares.
News For HPQ;ARUN From the Last 2 Days