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Raymond James Started Ubiquiti Networks (UBNT) at Outperform, $24 Price Target

November 23, 2011 12:53 PM EST
Get Alerts UBNT Hot Sheet
Price: $110.59 --0%

Rating Summary:
    4 Buy, 12 Hold, 4 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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An analyst at Raymond James initiated coverage on shares of Ubiquiti Networks (NASDAQ: UBNT) with an Outperform rating and $24 price target earlier Wednesday.

With Ubiquiti shares down about 2.7 percent to $19.99 at last check, Raymond James' new price target implies potential upside of about 20 percent.

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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