By: Benzinga
December 11, 2012 at 08:27 AM EST
UPDATE: Oppenheimer Initiates Aruba Networks at Outperform on Positive Trends
Oppenheimer initiated coverage on Aruba Networks (NASDAQ: ARUN ) with an Outperform rating and a $25 price target. Oppenheimer commented, "We see several positive trends supporting our rev. projections (+20.3% in '13 and +19.3% in '14), including exploding data usage and accelerating adoption of enterprise mobility (corporate-issued and BYOD).
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