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Goldman Sachs initiated coverage on
Ubiquiti Networks, Inc.UBNT with a Sell rating.
The target price for Ubiquiti Networks is set to $28.
Ubiquiti Networks shares have dropped 22.60% over the past 52 weeks, while the S&P 500 index has surged 13.36% in the same period.
Ubiquiti Networks' shares closed at $33.66 yesterday.
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