Jefferies Starts Aruba Networks (ARUN) at Hold
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Price: $17.89 -3.77%
Rating Summary:
7 Buy, 8 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
7 Buy, 8 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
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Jefferies initiates coverage on Aruba Networks (NASDAQ: ARUN) with a Hold and $21 price target.
The firm comments, "While we believe that we’re still in the early innings of a long term trend in Wireless LAN infrastructure deployment, this growth is already reflected by the valuation in our view."
For more ratings news on Aruba Networks click here and for the rating history of Aruba Networks click here.
Shares of Aruba Networks closed at $22.83 yesterday.
The firm comments, "While we believe that we’re still in the early innings of a long term trend in Wireless LAN infrastructure deployment, this growth is already reflected by the valuation in our view."
For more ratings news on Aruba Networks click here and for the rating history of Aruba Networks click here.
Shares of Aruba Networks closed at $22.83 yesterday.
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