UPDATE: Brean Capital Reiterates on ARRIS Group on Potential for Continued Outperformance

In a report published Wednesday, Brean Capital analyst Todd Mitchell reiterated a Buy rating on ARRIS Group (NASDAQ: ARRS ), and raised the price target from $26.00 to $32.00. In the report, Brean Capital noted, “We see the potential for continued outperformance in 2014. Shares of ARRS rose over 50%