In a report released this morning, Jefferies & Company said that Aruba Networks, Inc. ARUN is well-positioned in the Wireless LAN market and is gaining share across industry verticals due to higher adoption of 802.11n technology.
“We like Aruba's initiatives to displace fixed ports with WLAN and to provide new remote access solutions based on user-centric security. Reiterate Buy and $25 PT,” Jefferies writes.
Aruba Networks currently trades at $21.24.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in