Shares Of Ruckus Wireless Move Higher Amid Addition To Goldman Sachs' Conviction-Buy List

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Earlier Thursday, Goldman Sachs analyst Simona Jankowski added Ruckus Wireless RKUS to the firm's Conviction-Buy List citing expected tailwinds that will drive industry growth.

In addition to the move, Jankowski reiterated her $18 price target.

Following the move, shares of Ruckus have traded up 5.5 percent to $11.98.

Posted In: Analyst ColorUpgradesPrice TargetAnalyst RatingsMoversGoldman SachsSimona Jankowski
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