December 10, 2012 at 17:10 PM EST
RKUS Jumps 8%: Lazard Starts at Buy on WiFi Offload Prospects
Lazard Capital‘s Ryan Hutchinson today became one of the first sell-side folks to cover wireless infrastructure provider Ruckus Wireless (RKUS), placing a Buy rating on the stock and a $23 price target. went public on November 16th and closed that day at $12.25. Ruckus shares today rose $1.36, or almost 8%, to close at $18.96. [...]
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