UBIQUITI NETWRK (UBNT) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of UBIQUITI NETWRK (UBNT) from NEUTRAL to UNDERPERFORM on August 15, 2012, with a target price of $7.50.

Ubiquiti Networks, Inc. is engaged in the business of designing, manufacturing and selling broadband wireless solutions worldwide. Its products and solutions include radios, antennas and management tools and other applications in the unlicensed radio frequency spectrum. Ubiquiti Networks, Inc. is headquartered in San Jose, California.

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