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Fly News Breaks for April 13, 2015
RKUS
Apr 13, 2015 | 08:08 EDT
Goldman removed Ruckus Wireless from the Conviction Buy List based on expectations of a "soft patch" near-term in Q1 and Q2 due to a pause ahead of E-rate ramping in 2H and ahead of the 802.11ac Wave 2 product cycle. Goldman does not believe shares reflect a potential near-term miss given recent outperformance and maintains its Buy rating and $16 price target.
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