Close

BofA/Merrill Lynch Downgrades Aerohive Networks (HIVE) to Underperform

August 26, 2015 6:47 AM EDT
Get Alerts HIVE Hot Sheet
Price: $3.07 +0.66%

Rating Summary:
    7 Buy, 8 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 11 | New: 14
Join SI Premium – FREE

BofA/Merrill Lynch downgraded Aerohive Networks (NYSE: HIVE) from Buy to Underperform with a price target of $7.00 (from $9.00). Analyst Tal Liani said upside as limited given execution risk and competitive pressure.

For an analyst ratings summary and ratings history on Aerohive Networks click here. For more ratings news on Aerohive Networks click here.

Shares of Aerohive Networks closed at $6.85 yesterday.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst PT Change, Downgrades

Related Entities

Tal Liani