Boingo Wireless (WIFI) Tops Q3 EPS by 1c

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Jefferies Raises Price Target on Boingo Wireless (WIFI) to $13; Reiterates Buy

November 7, 2016 10:39 AM EST

Jefferies reiterated a Buy rating on Boingo Wireless (NASDAQ: WIFI), and raised the price target to $13.00 (from $11.00), following the company's 3Q earnings report. Revenue of $40.8mn was 1.2% below the Street's estimates, as weak Advertising & Other offset strong DAS and Wholesale performance.

Analyst Scott... More