Sequans Communications (SQNS) Tops Q1 EPS by 7c

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Sequans Communications (SQNS) PT Lowered to $5 at Needham & Company

May 3, 2022 1:21 PM EDT

Needham & Company analyst Rajvindra Gill lowered the price target on Sequans Communications (NYSE: SQNS) to $5.00 (from $7.00) while maintaining a Buy rating.

The analyst commented, "We maintain our Buy following a strong quarter and guide across most metrics. Massive IoT sales continue to... More