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Baird Downgrades Meru Networks (MERU) to Neutral

May 1, 2012 7:59 AM EDT
Get Alerts MERU Hot Sheet
Price: $1.62 --0%

Rating Summary:
    2 Buy, 5 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 12 | New: 13
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Baird downgraded Meru Networks (NASDAQ: MERU) from Outperform to Neutral, price target lowered from $7 to $4.

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

Shares of Meru Networks closed at $2.84 yesterday.


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