Deutsche Bank Starts Tangoe (TNGO) at Buy; Market Leader in Communications Lifecycle Management
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Price: $13.43 --0%
Rating Summary:
8 Buy, 0 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 25 | New: 24
Rating Summary:
8 Buy, 0 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 25 | New: 24
Trade TNGO Now!
Deutsche Bank initiates coverage on Tangoe (NASDAQ: TNGO) with a Buy. PT $17.00.
Deutsche analyst says, "Tangoe is the clear market leader in the emerging segment of communications lifecycle management. Over the past decade, Tangoe has developed a platform to help enterprises manage and optimize their telecommunications spending. We believe Tangoe's comprehensive solution, robustly growing recurring revenue (>25% organically) and global reach gives investors an opportunity to own a quality stock early in its public life."
For more ratings news on Tangoe click here and for the rating history of Tangoe click here.
Shares of Tangoe closed at $11.22 yesterday, with a 52 week range of $8.01-$12.77.
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Deutsche analyst says, "Tangoe is the clear market leader in the emerging segment of communications lifecycle management. Over the past decade, Tangoe has developed a platform to help enterprises manage and optimize their telecommunications spending. We believe Tangoe's comprehensive solution, robustly growing recurring revenue (>25% organically) and global reach gives investors an opportunity to own a quality stock early in its public life."
For more ratings news on Tangoe click here and for the rating history of Tangoe click here.
Shares of Tangoe closed at $11.22 yesterday, with a 52 week range of $8.01-$12.77.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
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