Pareteum Corp (TEUM) PT Raised to $6 at Lake Street Capital Markets
Get Alerts TEUM Hot Sheet
Price: $0.00 --0%
Rating Summary:
1 Buy, 4 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
1 Buy, 4 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Lake Street Capital Markets analyst Erin Martinuzzi raised the price target on Pareteum Corp (NASDAQ: TEUM) to $6.00 (from $5.00) while maintaining a Buy rating.
The remains positive following the iPass acquisition noting the deal will be accretive and provide a boost to the company financials in 2019 and beyond. He adjusts his model to reflect these benefits given the company's expanded reach.
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