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Fly News Breaks for April 24, 2015
UBNT
Apr 24, 2015 | 06:01 EDT
Wells Fargo downgraded Ubiquiti Networks to Market Perform citing "too much uncertainty" following the departure of CFO Craig Foster and company's preannouncement that Q3 will come in toward the low-end of guidance. Wells lowered its price target for shares to $26-$30 from $34-$37.
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