Raymond James Upgrades ARRIS Group (ARRS) to Strong Buy
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ARRIS Group (ARRS) PT Raised at Brean Capital Post Q1
May 7, 2014 6:15 AM EDTBrean Capital analyst Todd Mitchell raised his price target on Buy-rated ARRIS Group (NASDAQ: ARRS) to $33.00 (from $32.00) following strong Q1 results and outlook. The analyst said Arris is well positioned to benefit from current spending trends.
Mitchell comments, "Yesterday, Arris reported 1Q14 results,... More
ARRIS Group, Inc. (ARRS) Tops Q1 EPS by 2c; Issues Strong Q2 Outlook
May 6, 2014 4:14 PM EDTARRIS Group, Inc. (NASDAQ: ARRS) reported Q1 EPS of $0.47, $0.02 better than the analyst estimate of $0.45. Revenue for the quarter came in at $1.23 billion versus the consensus estimate of $1.18 billion.
Order backlog at the end of the first quarter 2014 was $996.1 million as compared to... More
