UPDATE: Aruba Networks, Inc. (ARUN) Reports In-Line Q3 EPS, Offers Q4 Guidance
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Aruba Networks (ARUN) Down But Well Off Lows as Analysts Believe in Gross Margin Story
May 23, 2014 2:03 PM EDTAruba Networks, Inc. (NASDAQ: ARUN) is making a solid move off the lows of the session following the post-earnings slide. After trading down over 17% earlier, shares are now down 13%. While many viewed the quarter as solid, the tumble in the stock was related... More
Aruba Networks (ARUN) Continues to See Shares Gains, Piper Jaffray Notes; 'Overweight' Reiterated
May 23, 2014 8:59 AM EDTPiper Jaffray analyst Troy Jensen reiterated an Overweight rating and $26 price target on Aruba Networks (NASDAQ: ARUN) saying revenue growth indicates continued share gains despite margin weakness which has shares down 11% in pre-open trading today.
Jensen commented, "As a result of continued execution and demand for new products, Aruba... More
Aruba Networks (ARUN) Bullish Thesis Maintained at Needham & Company Post Q3 Despite Weak GM
May 23, 2014 8:29 AM EDTNeedham & Company analyst Richard Valera reiterated a Buy rating and $25 price target on Aruba Networks (NASDAQ: ARUN) following strong Q3 results which were marred by weak gross margin. Estimates were lifted.
Valera commented, "In 3QF14 Aruba delivered surprisingly strong top line... More
