Published On: Wed, Oct 19th, 2016

Iridium Communications Inc (NASDAQ:IRDM) Updated Broker Ratings


A number of investment brokers have recently updated their price targets on shares of Iridium Communications Inc (NASDAQ:IRDM).

Most recent broker ratings

07/02/2015 – Iridium Communications Inc had its “outperform” rating reiterated by analysts at Macquarie. They now have a USD 12 price target on the stock.

12/03/2014 – Iridium Communications Inc was downgraded to “neutral” by analysts at Zacks. They now have a USD 11.2 price target on the stock.

09/29/2014 – Iridium Communications Inc had its “outperform” rating reiterated by analysts at William Blair.

08/01/2014 – Iridium Communications Inc was upgraded to “buy” by analysts at CRT Capital. They now have a USD 11 price target on the stock.

06/12/2014 – Wells Fargo began new coverage on Iridium Communications Inc giving the company a “market perform” rating.

05/20/2014 – Iridium Communications Inc was upgraded to “strong-buy” by analysts at Raymond James. They now have a USD 10 price target on the stock.

03/17/2014 – Iridium Communications Inc was upgraded to “buy” by analysts at TheStreet.

02/24/2014 – Iridium Communications Inc was upgraded to “hold” by analysts at Thomson Reuters/Verus.

The share price of Iridium Communications Inc (NASDAQ:IRDM) was down -0.83% during the last day of trading, with a day high of 8.51. 684812 shares were traded during the last session.

The stock’s 50 day moving average is 7.87 and its 200 day moving average is 8.31. The stock’s market capitalization is 803.27M. Iridium Communications Inc has a 52-week low of 6.14 and a 52-week high of 9.37.