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Meru Networks, Inc. Message Board

  • trader202122 trader202122 Jul 27, 2012 7:36 PM Flag

    Meru potential upside of 264.2%

    Today ThinkEquity upgraded shares of Meru Networks Inc (NASDAQ: MERU) from a hold rating to a buy rating. The target price was increased from $2 to $7 after the company reported better than expected earnings and revenue estimates ! Even after today big move, Meru has potential upside of 264.2% from the today closed price of $2.65. A long up trend just started.

1.620.00(0.00%)Jul 7 3:59 PMEDT