Ruckus Wireless (RKUS) Reports In-Line Q4 EPS

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Ruckus Wireless (RKUS) PT Cut to $15 at Piper Jaffray, Remains Positive on Service Provider Strength

February 11, 2015 7:56 AM EST

Piper Jaffray analyst Troy Jensen cut estimates and his price target on Ruckus Wireless (NYSE: RKUS) to $15.00 (from $17.00) following Q4 results and guidance which disappointed. The analyst maintained an Overweight rating noting results were negatively impacted by a K-12 delay while service provider results remain... More