Barclays analyst Tim Long raised Ubiquiti Inc.’s price target to $527 from $455 post Q2 results with an Underweight rating. Q2 revenue hit $814.8 million, up 35.8% YoY driven by Enterprise and Service Provider Technology platforms. R&D expenses rose to $50.8 million, SG&A expenses were $30.3 million. Ubiquiti develops technology platforms for various settings.

Read more at Yahoo Finance: Barclays Updates Ubiquiti Inc. (UI) Outlook After Q2 Results