Fidelity SPDR Advertisement
Home > Boards > US Listed > Telecommunications Hardware > Novatel Wireless, Inc. (NVTL)

J.P. Morgan Chase & Co. is upgrading shares

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Bart Myers Member Profile
 
Followed By 0
Posts 157
Boards Moderated 0
Alias Born 01/28/11
160x600 placeholder
Proxy Statement (definitive) (def 14a) "Edgar (US Regulatory)" - 10/14/2014 6:14:01 AM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 10/14/2014 6:09:10 AM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 10/10/2014 4:16:26 PM
Initial Statement of Beneficial Ownership (3) "Edgar (US Regulatory)" - 10/10/2014 4:04:01 PM
Proxy Statement - Notice of Shareholders Meeting (preliminary) (pre 14a) "Edgar (US Regulatory)" - 10/3/2014 4:39:12 PM
Small Company Offering and Sale of Securities Without Registration (d) "Edgar (US Regulatory)" - 9/18/2014 6:01:14 AM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 9/16/2014 6:11:39 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 9/16/2014 6:10:03 PM
Statement of Beneficial Ownership (sc 13d) "Edgar (US Regulatory)" - 9/16/2014 6:00:31 AM
Initial Statement of Beneficial Ownership (3) "Edgar (US Regulatory)" - 9/15/2014 6:35:30 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 9/12/2014 6:02:58 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 9/12/2014 6:01:06 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 9/12/2014 5:59:22 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 9/12/2014 5:57:06 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 9/12/2014 5:48:18 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 9/12/2014 5:44:16 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 9/8/2014 4:56:04 PM
Novatel Wireless Announces Strategic Investment from HC2 "Business Wire" - 9/8/2014 4:15:00 PM
Novatel Wireless to Present at Rodman & Renshaw 16th Annual Global Investment Conference "Business Wire" - 9/5/2014 9:00:00 AM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 9/4/2014 12:35:13 PM
Initial Statement of Beneficial Ownership (3) "Edgar (US Regulatory)" - 9/4/2014 11:47:24 AM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 9/4/2014 6:01:14 AM
Modus and Novatel Wireless Bring Latest Generation On Board Diagnostics Solution to Insurance Telematics Customers Worldwide "Business Wire" - 9/3/2014 8:00:00 AM
Novatel Wireless Appoints Chief Financial Officer "Business Wire" - 9/2/2014 8:00:00 AM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 8/18/2014 6:32:04 PM
Bart Myers   Tuesday, 05/31/11 10:29:44 AM
Re: None
Post # of 83 
J.P. Morgan Chase & Co. is upgrading shares of Novatel Wireless (NASDAQ: NVTL) to Neutral from Underweight, and it has a $5.50 price target on shares.

In a note to clients, J.P. Morgan writes, "We are upgrading NVTL to Neutral from Underweight on valuation. We are not changing estimates, which remain below consensus. NVTL has traded down 48% YTD (S&P 500 up 6%) and is now approximately 10% below our price target, approximating fair value, in our view. We believe further downside is now limited with LTE newsflow increasing, and we believe the stock could trade up from here on improving sentiment, though we remain long-term skeptics regarding NVTL's core mobile computing business. Our December 2011 price target remains $5.50."


Source: http://www.benzinga.com/analyst-ratings/analyst-color/11/05/1122010/j-p-morgan-upgrading-novatel-wireless#ixzz1NwMIpnfp

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist