Bernstein starts Aruba at Underperform, Ubiquiti at Outperform

|About: Aruba Networks, Inc. (ARUN)|By:, SA News Editor

As is the case with enterprise/carrier Wi-Fi rival Ruckus Wireless, Bernstein is launching coverage on Aruba Networks (ARUN) with an Underperform. The firm's PT is $14, 36% below current levels.

On the other hand, Bernstein has started coverage on Ubiquiti (UBNT) with an Outperform and $65 PT (38% above today's close). Uiquiti also competes in the enterprise Wi-Fi space (its solutions are generally SMB-focused), but the majority of its sales come from other types of wireless networking systems.

ARUN -0.7% AH