Raymond James Downgrades Ubiquiti Networks (UBNT) to Market Perform

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Raymond James downgraded Ubiquiti Networks (NASDAQ: UBNT) from Outperform to Market Perform Wednesday morning.

Shares of Ubiquiti are getting whacked this afternoon, now down more than 16.5 percent following Q3 results last night and rumors the company's CEO Robert Pera may be tied to the mafia.

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

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