Janney Montgomery Scott Downgrades Aruba Networks (ARUN) to Neutral

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Lazard Cuts PT on Aruba (ARUN) to $18; Cisco Pressure Lingers, But Fundamentals Solid

May 17, 2013 9:08 AM EDT

Lazard Capital is out with a few comments on Aruba Networks (Nasdaq: ARUN) following Q3 results. The firm maintains a Buy rating, but cut its price target from $30 down to $18.

Analyst Ryan Hutchinson commented that there are concerns with Aruba's push into Cisco's core... More

Needham & Company Downgrades Aruba Networks (ARUN) to Hold

May 17, 2013 8:17 AM EDT

Needham & Company downgraded Aruba Networks (NASDAQ: ARUN) from Buy to Hold following weak Q3 results and outlook.

Analyst Richard Valera said, "Following ARUNs pre-announcement of an unprecedented ~10% miss of its 3Q results, we had held out hope that the miss would not have longer-term competitive implications. Unfortunately, the combination of Arubas commentary regarding... More

Stifel Nicolaus Downgrades Aruba Networks (ARUN) to Hold

May 17, 2013 7:43 AM EDT

Stifel Nicolaus downgraded Aruba Networks (NASDAQ: ARUN) from Buy to Hold.

For an analyst ratings summary and ratings history on Aruba Networks click here. For more ratings news on Aruba Networks click here.

Shares of Aruba Networks closed at $17.61 yesterday, with a 52 week range of $12.36-$26.78.... More

FBN Securities Downgrades Aruba Networks (ARUN) to Sector Perform

May 17, 2013 7:42 AM EDT

FBN Securities downgraded Aruba Networks (NASDAQ: ARUN) from Outperform to Sector Perform.

For an analyst ratings summary and ratings history on Aruba Networks click here. For more ratings news on Aruba Networks click here.

Shares of Aruba Networks closed at $17.61 yesterday, with a 52 week range of $12.36-$26.78.... More

Wedbush Downgrades Aruba Networks (ARUN) to Neutral

May 17, 2013 7:41 AM EDT

Wedbush downgraded Aruba Networks (NASDAQ: ARUN) from Outperform to Neutral with a price target of $15.00 (from $20.00).

For an analyst ratings summary and ratings history on Aruba Networks click here. For more ratings... More

Morgan Stanley Downgrades Aruba Networks (ARUN) to Equalweight

May 17, 2013 7:39 AM EDT

Morgan Stanley downgraded Aruba Networks (NASDAQ: ARUN) from Overweight to Equalweight.

For an analyst ratings summary and ratings history on Aruba Networks click here. For more ratings news on Aruba Networks click here.

Shares of Aruba Networks closed at $17.61 yesterday, with a 52 week range of $12.36-$26.78.... More

JPMorgan Downgrades Aruba Networks (ARUN) to Underweight

May 17, 2013 7:06 AM EDT

JPMorgan downgraded Aruba Networks (NASDAQ: ARUN) from Neutral to Underweight with a price target of $13.00 (from $17.50).

For an analyst ratings summary and ratings history on Aruba Networks click here. For more ratings... More

Stephens Downgrades Aruba Networks (ARUN) to Equal Weight

May 17, 2013 7:05 AM EDT

Stephens downgraded Aruba Networks (NASDAQ: ARUN) from Overweight to Equal Weight with a price target of $17.00 (from $25.00).

For an analyst ratings summary and ratings history on Aruba Networks click here. For more... More

Oppenheimer Downgrades Aruba Networks (ARUN) to Perform

May 17, 2013 7:04 AM EDT

Oppenheimer downgraded Aruba Networks (NASDAQ: ARUN) from Outperform to Perform.

For an analyst ratings summary and ratings history on Aruba Networks click here. For more ratings news on Aruba Networks click here.

Shares of Aruba Networks closed at $17.61 yesterday, with a 52 week range of $12.36-$26.78.... More

UPDATE: Aruba Networks, Inc. (ARUN) Misses Q3 EPS by 4c, Guidance Light

May 16, 2013 4:04 PM EDT

(Updated - May 16, 2013 4:57 PM EDT)

Aruba Networks, Inc. (NASDAQ: ARUN) reported Q3 EPS of $0.11, $0.04 worse than the analyst estimate of $0.15. Revenue for the quarter came in at $147.1 million versus the consensus estimate of $154.59 million.

"While we are disappointed with our third... More