Will This Upgrade Help Aruba Networks (ARUN) Stock Today?

Story updated at 9:55 a.m. to reflect market activity.

NEW YORK (TheStreet) -- Aruba Networks (ARUN) was upgraded to "buy" from "neutral" by UBS Wednesday.

Shares of Aruba Networks gained 5.2% to $21.30 in morning trading.

The analyst firm raised its price target for the company to $25 from $21. UBS analysts Amitabh Passi and Tejas Venkatesh cited Aruba Network's higher guidance and "focus on shareholder returns and quality of earnings" as reasons for the upgrade.

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Separately, TheStreet Ratings team rates ARUBA NETWORKS INC as a Sell with a ratings score of D+. TheStreet Ratings Team has this to say about their recommendation:

"We rate ARUBA NETWORKS INC (ARUN) a SELL. This is driven by a number of negative factors, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. Among the areas we feel are negative, one of the most important has been an overall disappointing return on equity."

You can view the full analysis from the report here: ARUN Ratings Report

ARUN Chart ARUN data by YCharts

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Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

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