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Ubiquiti Networks (NASDAQ: UBNT) received a number of price target changes and ratings updates during the last week:

  • Ubiquiti Networks had its price target lowered by analysts at BMO Capital Markets from $56.00 to $51.00.
  • Ubiquiti Networks had its price target lowered by analysts at Deutsche Bank from $42.00 to $35.00.
  • Ubiquiti Networks had its price target lowered by analysts at Macquarie from $65.00 to $55.00.
  • Ubiquiti Networks was downgraded by analysts at Wedbush from an “outperform” rating to a “neutral” rating. They now have a $41.00 price target on the stock.
  • Ubiquiti Networks was upgraded by analysts at Raymond James from an “outperform” rating to a “strong-buy” rating. They now have a $50.00 price target on the stock, up previously from $31.57. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • Ubiquiti Networks was upgraded by analysts at Zacks from a “neutral” rating to an “outperform” rating. They now have a $34.50 price target on the stock.

Shares of Ubiquiti Networks Inc (NASDAQ:UBNT) traded up 1.09% on Wednesday, hitting $34.44. 1,838,073 shares of the company’s stock traded hands. Ubiquiti Networks Inc has a 52 week low of $15.01 and a 52 week high of $56.85. The stock has a 50-day moving average of $40.51 and a 200-day moving average of $43.21. The company has a market cap of $3.027 billion and a price-to-earnings ratio of 19.56.

Ubiquiti Networks, Inc (NASDAQ:UBNT) is a communications technology Company.

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