Arris Group Inc. (ARRS) All Set To Breach 52 Week High

Arris Group Inc. (NASDAQ: ARRS) advanced almost 10% to $12.54, after the broadband-equipment maker Arris Group Inc. (ARRS) was raised to “buy” from “hold” by Needham & Co. Arris Group Inc. (ARRS), already trading at $12.54 by mid-day trading on Tuesday, is now close to bracing its 52 week high of $13.75.

Once Arris group Inc. (ARRS) is able to breach its earlier 52 week level high of $13.75, the stock will move into a breakout zone, and could move up to $15 in near future.