Market Overview

Communications Equipment Market is Healthy; F5, Aruba Gain

Share:
Related FFIV
Three Stocks Cantor Analysts Are Talking About
Wednesday's After-Hours Movers: Another Earnings-Filled Evening
Stocks In The Red But Off Lows As Shanghai, Europe Weigh (Investor's Business Daily)
Related ARUN
This Startup Wants To Be Google Analytics For The Physical World
Aerohive Announces Special Discount for Aruba Networks Customers
Gabelli ABC Fund Second Quarter Letter (GuruFocus)

Shares of F5 Networks (NASDAQ: FFIV) and Aruba Networks (NASDAQ: ARUN) are up 2.1 and 2.8 percent respectively, following some bullish comments from Wells Fargo on the sector.

Conversations between analyst Jess Lubert and her industry contacts reveal companies have pent-up demand for communications equipment and expect to meet or exceed first quarter needs.

While feedback for F5 Networks and Aruba were mostly positive, feedback on Cisco and Polycom was “more mixed,” said Lubert.

Latest Ratings for FFIV

DateFirmActionFromTo
Jul 2015BMO CapitalMaintainsOutperform
Jul 2015OppenheimerMaintainsOutperform
Jun 2015Piper JaffrayDowngradesOverweightNeutral

View More Analyst Ratings for FFIV
View the Latest Analyst Ratings

Posted-In: Jess Lubert Wells FargoAnalyst Color Analyst Ratings Tech

 

Related Articles (ARUN + FFIV)

Get Benzinga's Newsletters