Ubiquiti price target raised to $980 from $720 at BWS Financial

BWS Financial raised the firm’s price target on Ubiquiti (UI) to $980 from $720 and keeps a Buy rating on the shares. The company’s license-free business model has many benefits in the AI era, the analyst tells investors in a research note. BWS says Ubiquiti’s business strategy has enlarged its “competitive moat.” The firm cites the company’s growing user base for the target boost.