Buy Aruba Networks (ARUN) on Weakness - Piper Jaffray
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Aruba Networks (ARUN) Guidance Called 'Conservative'; Dougherty Sees Opportunity in Sell-Off
November 21, 2014 11:34 AM ESTDougherty & Co reiterated a Buy rating on Aruba Networks (NASDAQ: ARUN) with a price target of $27. Comments follow Q1 results. Analyst Catharine Trebnick thinks conservative outlook creates a buying opportunity.
"Aruba reported record revenue up 29% Y/Y, gross margins of 72.3%, and operating... More
BofA/Merrill Lynch Downgrades Aruba Networks (ARUN) to Underperform
November 21, 2014 10:02 AM ESTBofA/Merrill Lynch downgraded Aruba Networks (NASDAQ: ARUN) from Neutral to Underperform with a price target of $21.00 (from $25.00), saying the guidance confirms concerns.
Analyst Tal Liani said despite the beat, the focal point is the the weak guidance. "Beyond the tough spending... More
Aruba Networks (ARUN) Offers Q2 Guidance
November 20, 2014 4:58 PM ESTAruba Networks (NASDAQ: ARUN) sees Q2 EPS of $0.26-$0.27 compare to the consensus of $0.27. Revenue is seen at $208-$212 million vs $211.75 million.
... MoreAruba Networks (ARUN) Tops Q1 EPS by 1c
November 20, 2014 4:03 PM ESTAruba Networks (NASDAQ: ARUN) reported Q1 EPS of $0.26, $0.01 better than the analyst estimate of $0.25. Revenue for the quarter came in at $207.8 million versus the consensus estimate of $204.3 million.
Driven by our focus on profitable growth, we generated record revenue of $207.8 million. This strong... More
