Goldman Sachs Reiterates Buy Rating On Aruba Networks (ARUN)

Goldman Sachs released an update today on Aruba Networks

after the company reported earnings yesterday after the closing bell. The Goldman analysts wrote, "Aruba reported strong July quarter (FQ4) results, with revenue/non-GAAP EPS of $77.3 mn/$0.10, vs. our estimate of $74.2 mn/$0.09 and the Street at $73.5 mn/$0.09." They added that "We remain positive on Aruba stock, as the company's robust growth trajectory shows no signs of abatement even in the face of a deteriorating macro environment." Goldman has a Buy rating on the stock and a 12-month price target of $20.00. During today's trading session, ARUN has jumped 9.90% to $18.21. You Can't Afford Miss To Out On These Money Making Trading

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