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Ubiquiti +2.4% as firms boost targets post-earnings

Nov. 11, 2019 10:10 AM ETUbiquiti Inc. (UI) StockUIBy: Jason Aycock, SA News Editor2 Comments
  • Ubiquiti (NYSE:UI) is up 2.4% in early going today after a pair of price target hikes following Friday's Q1 beat.
  • BWS Financial raised its target to $220 from $150, implying 21.5% upside, and maintains a Buy rating on the shares.
  • Bearish Barclays, meanwhile, kept its rating at Underweight but raised its price target from a low $100 to $145; that still implies 20% downside.
  • A mixed set of sell-side analysts are Neutral on average, while Seeking Alpha authors are Very Bullish. The stock has a Quant Rating of Neutral.

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