Wunderlich Initiates Sonus Networks With Buy

Analysts at Wunderlich initiated coverage on Sonus Networks, Inc. SONS with a Buy rating. The target price for Sonus Networks is set to $5. Sonus Networks shares have jumped 26.35% over the past 52 weeks, while the S&P 500 index has gained 13.45% in the same period. Sonus Networks' shares fell 0.50% to close at $3.98 on Friday.