Ruckus -2.7% AH; Bernstein starts at Underperform

|About: Ruckus Wireless (RKUS)|By:, SA News Editor

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.