Wunderlich Securities Maintains Buy, PT of $13 on IXIA

Wunderlich Securities reiterates its Buy rating and price target of $13 per share on Ixia

as the company provides a positive update of its 4Q11 results. Wunderlich says, "Last summer, Ixia suffered from business delays as some customers assessed the implications of the macroeconomic developments and demand volatility. Though these issues persist in the company's industry, the ability to execute in 4Q11 demonstrates the strategic mandate deploying the new products and services that Ixia products simulate." XXIA closed at $10.62 per share on Tuesday.