Seeking Alpha

Ruckus -2.7% AH; Bernstein starts at Underperform

  • As part of a broader coverage launch of networking hardware vendors, Bernstein has started Ruckus Wireless (RKUS) with an Underperform. Its PT is a mere $7 (over 50% below current  levels).
  • The launch comes with Ruckus shares close to their 2014 highs (but still well below early 2013 levels) following a February Q4 beat.
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Comments (1)
  • pete186
    , contributor
    Comments (72) | Send Message
     
    7.00?! Sure this wasn't meant to be 17?
    11 Mar 2014, 10:59 AM Reply Like
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