SunTrust Downgrades Ubiquiti Networks (UBNT) to Neutral
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Go back to SunTrust Downgrades Ubiquiti Networks (UBNT) to Neutral
May 8, 2015 3:51 PM EDT
FBN Securities maintained an Outperform rating on Ubiquiti Networks (NASDAQ: UBNT) and trimmed its price target to $38.00 (from $40.00). Shares were volatile after the company reported Q3 results and guidance. Analyst Shebly Seyrafi said investors should buy now before its business accelerates.
"The company admittedly is facing multiple... More
May 8, 2015 7:04 AM EDT
Raymond James downgraded Ubiquiti Networks (NASDAQ: UBNT) from Strong Buy to Market Perform and removed its price target (prior $43.00).
For an analyst ratings summary and ratings history on Ubiquiti Networks click here. For more ratings news on Ubiquiti Networks click here.
Shares of Ubiquiti Networks closed at $28.35 yesterday.
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May 7, 2015 4:15 PM EDT
Ubiquiti Networks (NASDAQ: UBNT) reported Q3 EPS of $0.47, $0.01 worse than the analyst estimate of $0.48. Revenue for the quarter came in at $147.5 million versus the consensus estimate of $149.6 million.
Ubiquiti Networks sees Q4 2015 EPS of $0.43-$0.48, versus the consensus of $0.50. Ubiquiti Networks sees Q4 2015... More
