SureTrader Stock Hero Advertisement
Home > Boards > US Listed > Telecommunications Hardware > Novatel Wireless, Inc. (MIFI)

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 1
Posts 157
Boards Moderated 0
Alias Born 01/28/11
160x600 placeholder
Amended Statement of Beneficial Ownership (sc 13d/a) "Edgar (US Regulatory)" - 3/30/2015 4:59:39 PM
Feeney Wireless Acquired by Novatel Wireless "GlobeNewswire Inc." - 3/30/2015 7:00:00 AM
Novatel Wireless Officers Receive 30% of Salary as Company Stock "GlobeNewswire Inc." - 3/18/2015 4:15:00 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 3/18/2015 9:37:10 AM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 3/18/2015 9:36:15 AM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 3/17/2015 6:56:46 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 3/17/2015 6:54:02 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 3/17/2015 6:52:16 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 3/17/2015 6:48:31 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 3/17/2015 6:10:46 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 3/17/2015 6:09:25 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 3/17/2015 6:07:13 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 3/17/2015 6:04:43 PM
Initial Statement of Beneficial Ownership (3) "Edgar (US Regulatory)" - 3/16/2015 6:41:29 PM
Securities Registration: Employee Benefit Plan (s-8) "Edgar (US Regulatory)" - 3/11/2015 6:06:54 AM
Novatel Wireless to Present at 27th Annual ROTH Conference "GlobeNewswire Inc." - 3/9/2015 3:11:08 PM
Novatel Wireless Announces MiFi Labs Engineering Services for OEMs "GlobeNewswire Inc." - 3/4/2015 10:15:37 AM
Amended Statement of Beneficial Ownership (sc 13d/a) "Edgar (US Regulatory)" - 2/26/2015 5:25:37 PM
Amended Statement of Beneficial Ownership (sc 13d/a) "Edgar (US Regulatory)" - 2/26/2015 4:02:03 PM
Telematics Specialist DigiCore and Novatel Wireless Strengthen Partnership for IoT Solutions "GlobeNewswire Inc." - 2/24/2015 9:00:00 AM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 2/19/2015 4:49:45 PM
Novatel Wireless Reports Fourth Quarter 2014 Financial Results "GlobeNewswire Inc." - 2/19/2015 4:05:00 PM
Novatel Wireless Extends Deal With GPS Chile to Deliver 3G M2M Fleet Management Telematics Solution "GlobeNewswire Inc." - 2/17/2015 9:34:27 AM
Novatel Wireless Demonstrates Partner IoT Solutions at DistribuTECH 2015 "GlobeNewswire Inc." - 2/4/2015 1:27:13 PM
Novatel Wireless to Report Fourth Quarter and Fiscal Year 2014 Financial Results on February 19, 2015 "Business Wire" - 1/27/2015 8:30:00 AM
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