Published On: Wed, Oct 19th, 2016

Recently Changed Price Targets On Novatel Wireless, Inc. (NASDAQ:MIFI)


A number of investment brokers have recently updated their price targets on shares of Novatel Wireless, Inc. (NASDAQ:MIFI).

Most recent broker ratings

08/15/2016 – Novatel Wireless, Inc. had its “buy” rating reiterated by analysts at Lake Street. They now have a USD 3 price target on the stock.

08/07/2015 – Novatel Wireless, Inc. had its “hold” rating reiterated by analysts at Canaccord Genuity. They now have a USD 3 price target on the stock.

08/07/2015 – Novatel Wireless, Inc. had its “outperform” rating reiterated by analysts at Cowen. They now have a USD 5.5 price target on the stock.

07/09/2015 – H.C. Wainwright began new coverage on Novatel Wireless, Inc. giving the company a “buy” rating.

The share price of Novatel Wireless, Inc. (NASDAQ:MIFI) was up +1.07% during the last trading session, with a day high of 2.92. 135576 shares were traded on Novatel Wireless, Inc.’s last session.

The stock’s 50 day moving average is 3.08 and its 200 day moving average is 2.10. The stock’s market capitalization is 152.95M. Novatel Wireless, Inc. has a 52-week low of 0.84 and a 52-week high of 3.80.

Novatel Wireless, Inc. is a provider of intelligent wireless solutions for the mobile communications market. The Company’s range of products includes intelligent mobile hotspots, universal serial bus (USB) modems, embedded modules, integrated asset-management and mobile tracking machine-to-machine (M2M) devices, communications and applications software and cloud services. It operates in the wireless communications industry in two product categories: M2M Products and Solutions, and Mobile Computing Solutions. M2M Products and Solutions includes its M2M embedded modules, integrated M2M communications devices, Ctrack fleet management platform and its service delivery platforms, Crossroads, DMS, the N4A DM and N4A CMS that provide device management and service enablement. Mobile Computing Solutions includes its MiFi brand of intelligent mobile hotspot devices, USB modems and embedded modules that enable Internet access and data transmission and services via cellular wireless networks.