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Novatel Wireless (NVTL) Downgraded, Price Target Lowered
Friday, February 26, 2010 - 11:11am | 151Craig-Hallum analysts Anthony J. Stoss and Jaeson A. Schmidt lowered their rating of Novatel Wireless (Nasdaq: NVTL) shares to Accumulate and lowered their price target from $13 to $8. The analysts cited disappointing quarterly results and weak guidance from the company among the reasons for their...