Roth Capital Starts Inseego Corp. (INSG) at Buy

Roth Capital analyst Scott Searle initiates coverage on Inseego Corp. (NASDAQ: INSG) with a Buy rating and a price target of $5.00.

The analyst comments "Inseego, a leader provider of mobile solutions, has undergone a major transformation in the past year. New management has implemented meaningful cost optimization, core product portfolio revitalization (MiFi) and a strategy to drive long-term profitability and growth with new products. Nearterm we believe that expectations remain conservative driven by the MiFi revitalization, Enterprise SaaS expansion (Europe and aviation), and new products including enterprise and fixed wireless 5G solutions."

For an analyst ratings summary and ratings history on Inseego Corp. click here. For more ratings news on Inseego Corp. click here.

Shares of Inseego Corp. closed at $3.37 yesterday.

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