Needham & Company Downgrades Aruba Networks (ARUN) to Hold on Merger News
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SunTrust Downgrades Aruba Networks (ARUN) to Neutral
March 2, 2015 2:46 PM ESTSunTrust Robinson Humphrey downgraded Aruba Networks (NASDAQ: ARUN) from Buy to Neutral with a price target of $25.00 (from $28.00).
For an analyst ratings summary and ratings history on Aruba Networks click here. For more ratings news on Aruba Networks click here.
Shares of Aruba Networks closed at $24.81 yesterday.
... MorePiper Jaffray Downgrades Aruba Networks (ARUN) to Neutral
March 2, 2015 12:47 PM ESTPiper Jaffray downgraded Aruba Networks (NASDAQ: ARUN) from Overweight to Neutral.
For an analyst ratings summary and ratings history on Aruba Networks click here. For more ratings news on Aruba Networks click here.
Shares of Aruba Networks closed at $24.81 yesterday.
... MoreHewlett-Packard (HPQ) to Acquire Aruba Networks (ARUN) for $24.67/Share
March 2, 2015 8:30 AM EST(Updated - March 2, 2015 8:32 AM EST)
Hewlett-Packard (NYSE: HPQ) and Aruba Networks (Nasdaq: ARUN) announced a definitive agreement for HP to acquire Aruba, a leading provider of next-generation network access solutions for the mobile enterprise, for $24.67 per share in cash. The equity value of the transaction is approximately $3.0 billion, and net of cash and debt approximately $2.7 billion. Both companies' boards of directors have approved the deal.
Aruba is a Sunnyvale-based industry leader in wireless networking with approximately 1,800 employees. The company had revenues of $729 million in fiscal 2014,... More
