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Fly News Breaks for October 19, 2015
UBNT
Oct 19, 2015 | 07:45 EDT
As noted earlier, JMP Securities downgraded Ubiquiti to Underperform from Market Perform. The firm believes that the company's entrance into the solar market carries execution risk, and it does not think that Ubiquiti's launch of wireless products will significantly boost the company's results. JMP is also concerned about turnover on the company's board and in its senior management. Target $26.
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