NASDAQ Stocks Hitting 52-Week Highs (ARUN, DMND, FFIV, ARBA)

Aruba Networks Inc ARUN shares reached $24.15 to create a new 52-week high, before falling to $23.86, representing a 2.23% gain. Analysts at UBS initiated coverage of ARUN with a “neutral” rating. Diamond Foods Inc DMND shares gained 0.44% to touch a new 52-week high of $47.53. DMND is all set to report its FQ1 earnings on December 8. F5 Networks Inc FFIV shares reached $128.03 to create a new 52-week high, before falling to $127.55, representing a 3.96% gain. FFIV's quarterly earnings surged 70.10% y/y. Ariba Inc ARBA shares reached $20.39 to create a new 52-week high, before falling to $20.32, representing a 4.90% gain. Analysts at Roth Capital upgraded ARBA from "neutral" to "buy" and raised its price target from $20 to $24. Read more from Benzinga's Markets.