Aerohive Networks outlook has improved, says JMP Securities
After meeting with Aerohive's (HIVE) management, JMP Securities thinks the company has several positive catalysts, including efforts by school districts to increase Wi-Fi coverage,growing international interest, and a strong start for Aruba's (ARUN) new 802.11AC access point. The firm reiterates a $14 price target and Outperform rating on Aerohive.