Barclays Downgrades Iridium Communications (IRDM) to Underweight

Barclays analyst Mathieu Robilliard downgraded Iridium Communications (NASDAQ: IRDM) from Overweight to Underweight with a price target of $38.00 (from $32.00).

For an analyst ratings summary and ratings history on Iridium Communications click here. For more ratings news on Iridium Communications click here.

Shares of Iridium Communications closed at $47.12 yesterday.

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