DragonWave (DRWI) Posts Q2 Loss of 14c/Share

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DragonWave (DRWI) Remains Hold-Rated at TD Securities

October 9, 2014 3:31 PM EDT

TD Securities maintained a Hold rating on DragonWave (NASDAQ: DRWI) and lowered its price target to $1.50 (from $2.75). Analyst Scott Penner continues to view risk/reward as balanced.

"The company has significant top-line growth momentum and several near-term opportunities. However, with little recurring... More