Pareteum Corp (TEUM) PT Raised to $6 at Lake Street Capital Markets

November 13, 2018 2:56 PM EST
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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
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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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