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up 297.58 %

ARUBA NETWORKS INC. (ARUN) rated Outperform with price target $11 by Wedbush Morgan

Posted on: Wednesday,  Sep 9, 2009  9:25 AM ET by Wedbush Morgan

Wedbush Morgan rated Outperform ARUBA NETWORKS INC. (NASDAQ: ARUN) on 09/09/2009. Previously Wedbush Morgan rated Buy ARUBA NETWORKS INC. (NASDAQ: ARUN) on
05/22/2009., when the stock price was $6.20. Since then, ARUBA NETWORKS INC. has gained 297.58% as of 05/18/2015's recent price of $24.65.
If you would have followed the previous Wedbush Morgan's recommendation on ARUN, you would have gained 297.58% of your investment in 2187 days.

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.

Since 1980, WEDBUSH has used its private equity discipline to invest in under-valued and capital constrained public and private companies that have a significant potential for appreciation. The firm invests with high quality management teams with domain expertise and expects management to retain or make a personally significant equity investment.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/9/2009 9:25 AM Buy
9.27 11.00
as of 12/31/2009
1 Week up  99.27 %
1 Month up  173.00 %
3 Months up  147.05 %
1 YTD up  135.59 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/22/2009 9:25 AM Buy
6.20 7.00
2/26/2009 9:25 AM Hold
2.89 3.50

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