ARUN: Cisco, Ericsson Block Advance in WiFi Offload, Says Deutsche
Deutsche Bank‘s Brian Modoff today reiterates a Hold rating on shares of wireless infrastructure provider Aruba Networks (ARUN) and a $17 price target, writing that the company “could be challenged in the near-term due to increased competition from Cisco [Systems (CSCO)] and an overall muted enterprise spending environment,” based on his conversations with industry sources. [...]
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