Published On: Wed, Oct 19th, 2016

Inteliquent, Inc. (NASDAQ:IQNT) – Broker Update

Below are the most recently updated broker updates which include ratings and price targets for Inteliquent, Inc. (NASDAQ:IQNT).

10/04/2016 – Broker: Drexel Hamilton Rating: buy New Target: 24 newcoverage

09/20/2016 – Broker: Raymond James Rating: market perform downgrade

08/03/2016 – Broker: BWS Financial Rating: buy New Target: 24 reiteration

09/08/2015 – Broker: William Blair Rating: market perform reiteration

05/04/2015 – Broker: Zacks Rating: hold downgrade

The average price target from the most recent broker reports is 24.00

The stock increased +1.02% (+0.17) during the last days session, reaching 16.89 and roughly 156460 shares were bought or sold by traders. Inteliquent, Inc. (NASDAQ:IQNT) has decreased by -15.47% over 12 months.

Inteliquent, Inc. is a provider of voice telecommunications services primarily on a wholesale basis. The Company offers its services using an all-Internet Protocol (IP) network, which enables to deliver connectivity for a range of media, including voice, and data and video. The Company’s solutions enable carriers and other providers to deliver voice traffic or other services where they do not have their own network. These solutions are called off-net services. It also provides solutions to customers, such as over-the-top (OTT) providers. The Company offers a range of services, including Local Transit Service, Long Distance Service, Switched Access Service, International Voice Service, Direct Inward Dialing Service and 8XX (Toll-Free) Service. The Company offers an alternative to facilitate the exchange of local traffic between various carriers by using its tandem switches instead of the Incumbent Local Exchange Carriers’ (ILECs’) tandems or direct connects.