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Enter Symbol:

up 21.84 %

ARUBA NETWORKS INC. (ARUN) upgraded to Outperform with price target $24 by Oppenheimer

Posted on: Friday,  May 2, 2014  12:00 AM ET by Oppenheimer

Oppenheimer rated Outperform ARUBA NETWORKS INC. (NASDAQ: ARUN) on 05/02/2014. Previously Oppenheimer rated Perform
ARUBA NETWORKS INC. (NASDAQ: ARUN) on 05/17/2013., when the stock price was $12.50. Since then, ARUBA NETWORKS INC. has gained 61.84% as of 05/02/2014's recent price of $20.23.

Aruba Networks, Inc. deliver the enterprise network to users, wherever they work or roam using a combination of solutions. The Company?s product include ArubaOS operating system, optional value-added software modules, a centralized and vendor neutral mobility management system, high-performance programmable mobility controllers, wired and wireless access points, wireless intrusion detection tools, spectrum analyzers, and endpoint compliance solutions. The Company operates in one industry segment selling fixed and modular mobility controllers, wired and wireless access points, and related software and services.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/2/2014 12:00 AM Buy
20.23 24.00
as of 10/17/2014
1 Week down  -0.61 %
1 Month down  -13.45 %
3 Months up  12.59 %
1 YTD down  -3.65 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/17/2013 8:25 AM None
12/11/2012 8:25 AM Buy
20.98 25.00

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