Raymond James Upgrades Ubiquiti Networks (UBNT) to Strong Buy

Go back to Raymond James Upgrades Ubiquiti Networks (UBNT) to Strong Buy

Wedbush Downgrades Ubiquiti Networks (UBNT) to Neutral

May 9, 2014 7:23 AM EDT

Wedbush downgraded Ubiquiti Networks (NASDAQ: UBNT) from Outperform to Neutral with a price target of $41.00 (from $48.00).

Analyst Sanjit Singh said, "We are downgrading shares to NEUTRAL from OUTPERFORM given a significant increase in inventory levels that poses risks to estimates in FY15 should... More