Aerohive Networks (HIVE) Posts Wider-than-Expected Q1 Loss, Sales Miss

Go back to Aerohive Networks (HIVE) Posts Wider-than-Expected Q1 Loss, Sales Miss

Dougherty & Co Upgrades Aerohive Networks (HIVE) to Buy

May 7, 2015 9:54 AM EDT

Dougherty & Co upgraded Aerohive Networks (NYSE: HIVE) from Neutral to Buy with a price target of $8.00. Analyst Catharine Trebnick thinks the company is showing solid signs of stabilization, and she noted recent agreements with Dell and Apple.

"Aerohive Networks delivered revenue of $25.8M in... More