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Enter Symbol:
 
Ubiquiti Networks Inc (UBNT) [hlAlert]

Rating:
Outperform
UBNT
up 79.25 %

Ubiquiti Networks Inc (UBNT) rated Outperform by Raymond James

Posted on: Friday,  May 10, 2013  8:25 AM ET by Raymond James

Raymond James rated Outperform Ubiquiti Networks Inc (NASDAQ: UBNT) on 05/10/2013, when the stock price was $19.81. Since
then, Ubiquiti Networks Inc has gained 79.25% as of 01/25/2016's recent price of $35.51.
If you would have followed this Raymond James's recommendation on UBNT, you would have gained 79.25% of your investment in 990 days.

Ubiquiti Networks, Inc. (Ubiquiti) designs, manufactures and sells broadband wireless solutions worldwide. The Company offers a portfolio of wireless networking products and solutions, including systems, high performance radios, antennas and management tools, designed for wireless networking and other applications in the unlicensed radio frequency (RF) spectrum. The Company offers solutions that incorporate its RF technology, antenna design and firmware technologies, which it refers to as AirTechnologies. During the fiscal year ended June 30, 2010 (fiscal 2010), Ubiquiti introduced a number of products based on its AirTechnologies, including its AirMax systems. In fiscal 2010, 802.11 standard systems and AirMax systems together accounted for 82% of the Company?s revenue.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/10/2013 8:25 AM Buy
None
19.81
as of 12/13/2013
1 Week up  10.14 %
1 Month down  -4.35 %
3 Months up  24.01 %
1 YTD up  102.77 %

(*) Stock Price at the time of the recommendation.
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