BMO Capital Downgrades Ubiquiti Networks To Market Perform

Analysts at BMO Capital downgraded

from Outperform to Market Perform. The price target for Ubiquiti Networks has been lowered from $34.00 to $26.00. Ubiquiti Networks shares have dropped 17.27 percent over the past 52 weeks, while the S&P 500 index has surged 13.39 percent in the same period. Ubiquiti Networks' shares fell 15.43 percent to $26.58 in pre-market trading.