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Ubiquiti Networks Inc (UBNT) [hlAlert]

down 9.22 %

Ubiquiti Networks Inc (UBNT) rated Outperform by Wells Fargo

Posted on: Friday,  Dec 13, 2013  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Ubiquiti Networks Inc (NASDAQ: UBNT) on 12/13/2013, when the stock price was $39.12. Since
then, Ubiquiti Networks Inc has lost 9.23% as of 01/25/2016's recent price of $35.51.
If you would have followed this Wells Fargo's recommendation on UBNT, you would have lost 9.22% of your investment in 773 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.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/13/2013 8:25 AM Buy
as of 8/27/2015
1 Week up  12.23 %
1 Month up  5.30 %
3 Months up  18.28 %
1 YTD down  -22.73 %

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