UPDATE: Collins Stewart Upgrades Arris Group to Buy

By John Harris
Benzinga Staff Writer
February 09, 2012 12:07 PM

Symbols: ARRS

Posted in: Analyst Color, Upgrades, Analyst Ratings

According to Collins Stewart, Arris Group (NASDAQ: ARRS) is upgraded to Buy.

Collins Stewart said that despite inline results/guidance and disappointing results from Moxi (Gateway STBs), it is upgrading the stock to a BUY rating and $15 PT. “We remain convicted that ARRS stands to benefit meaningfully from Gateway STB shipments in 2012.”

Arris Group closed yesterday at $12.33.

< Previous
UPDATE: Wedbush Upgrades ON Semiconductor to Outperform

Next >
UPDATE: Wedbush Lowers Price Target on Alere to $27

Printer-friendly version

Send to friend

We're Loving

The Money Conversation Your Family Can't Delay Having

Insiders Are Selling These Two Radio Stocks

You Could Have Profited 14% on AOL by Using Benzinga Pro. Try It for Free Now!

The Most Dangerous States to Drive In

Cramer: Lehman Case 'Is a Travesty of Justice'

Benzinga's Premium Memberships

Options & Volatility Edge

Options & Volatility Edge is for those people who want to make money using cost effective options trading strategies. This product is for anyone—novices and experts. If you understand how to enter an options trade, you need Options & Volatility Edge.

Learn More >>
14 Day Free Trial!

Basic Premium
ETF Professor

The ETF Professor is truly an appropriate moniker, because the Professor spends hours everyday analyzing the charts of dozens of ETFs EVERY DAY.

Learn More >>
14 Day Free Trial!

Basic Premium
Winning Stocks

Winning Stocks tracks and analyzes attractive stocks that are poised to make great returns for the average investor. Investors receive the right information at the right time, which provides them with the possibility for great gains and the potential to beat the market.

Learn More >>
14 Day Free Trial!

Basic Premium

Real-Time Rumors

In this game, information is everything. You have to know what is happening before the Street begins trading against you utilizing the new information. We will provide you with that edge.

Learn More >>
14 Day Free Trial!

Basic Premium
Chart-Caster

From novice to pro, Chart-Caster delivers over $11,000 per month* in profitable trade setups across all time-frames from which members can evaluate, select, and replicate within their own trading accounts.

Learn More >>
14 Day Free Trial!

Basic Premium

UPDATE: Collins Stewart Upgrades Arris Group to Buy

Benzinga's Premium Memberships

More stories by John Harris

From Benzinga's Newsdesk

Benzinga's News Delivered Free

Latest from Premium

Brain Trust

Popular Channels

Tools & Features

About Benzinga

Social