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Volatile, heavily-shorted Ubiquiti Networks (UBNT +9.5%) surged to $18.65 after Wunderlich...

  • Thursday, May 31, 2012, 4:57 PM ET
    Volatile, heavily-shorted Ubiquiti Networks (UBNT +9.5%) surged to $18.65 after Wunderlich upgraded shares to Buy, albeit while maintaining a PT of just $18. The upgrade, which comes less than a month after a downgrade, is mostly valuation-related, and Wunderlich adds it still thinks near-term EPS upside is limited due to the investments Ubiquiti needs to make in its airFiber solution and three other platforms. Ubiquiti is down 4% in AH trading to $17.90.
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This news story has 3 comments:

  •  
    The price target on UBNT from Wunderlich is $35 as of 5/31/12.
    31 May 2012, 05:04 PM Reply Like
  •  
    The Benzinga excerpt says it's $18.

    http://bit.ly/KijZVb
    31 May 2012, 05:05 PM Reply Like
  •  
    Finviz, TheStreet, Google Finance and Yahoo Finance all show that Wunderlich's price target is $35 as of 5/31/12.
    31 May 2012, 10:36 PM Reply Like
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