Aruba Networks, Inc. (NASDAQ:ARUN) is believed by Cowen to be in a favorable positioned to appreciate relative to the market, and the firm states that it would keep building positions after the company’s solid Q1 results. Aruba Networks continues to be a top small/mid-cap pick citing WLAN investment trends along with increased traction of ClearPass. Shares have an Outperform rating.
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OfficeMax Inc.’s (NYSE:OMX) investments in Boise Cascade is estimated by KeyBanc to have a worth of about $600 million to $700 million, or a $7 increase per share. Last night, Boise Cascade filed a registration statement concerning a possible IPO, which KeyBanc believes could be a positive for OfficeMax. The firm keeps its Buy rating on the stock.
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