UPDATE: Morgan Stanley Ugrades Aruba Networks to Overweight on Employee-Owned Device Growth
Posted on February 14, 2013 at 07:51 AM EST
Morgan Stanley upgraded Aruba Networks (NASDAQ: ARUN ) from Equal-weight to Overweight and raised the price target from $18.00 to $28.00. Morgan Stanley commented, "In our AlphaWise survey, resellers reported that their 2013 growth expectations for ARUN's solutions are ~2 points higher today than they were just 3 months ago,