Ubiquiti Networks (UBNT) Misses Q2 EPS by 13c, Beats on Revenues; Q3 EPS/Revenue Mid-Point Outlooks Below Consensus

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Ubiquiti Networks (UBNT) PT Raised to $55 at Deutsche Bank; Remains Sidelined

February 9, 2018 7:40 AM EST

Deutsche Bank raised its price target on Ubiquiti Networks (NASDAQ: UBNT) to $55.00 (from $47.00) while maintaining a Hold rating following the company's 2Q earnings report. UBNT reported revenue/EPS of $250.8M / 76c, versus FactSet consensus for $239.9M / 89c.

3Q guidance came in light... More