RBC Capital Initiates Ruckus Wireless With Outperform

Analysts at RBC Capital initiated coverage on Ruckus Wireless

with a Outperform rating. The target price for Ruckus Wireless is set to $17. Ruckus Wireless shares have dropped 5.58% over the past 52 weeks, while the S&P 500 index has gained 15.82% in the same period. Ruckus Wireless' shares fell 1.98% to close at $12.35 yesterday.