Novatel Wireless

JP Morgan has upgraded Novatel Wireless (NASDAQ: NVTL) from Underweight to Neutral and maintains its $5.50 price target.

Jefferies is reiterating its Hold rating and $5.50 PT on shares of Novatel Wireless Inc. (NASDAQ: NVTL). “The 4G products have finally been launched and appear to be quite solid; however, overall sell-through of 4G dongles and mobile hotspots is suspect due to lackluster carrier promotions,”...

JP Morgan has lowered the price target on Novatel Wireless (NASDAQ: NVTL) from $7 to $6 and maintains its Underweight rating.

Jefferies & Co. has published a research report initiating coverage for Novatel Wireless (NASDAQ: NVTL) at Hold. In the report, Jefferies writes "We believe that Novatel Wireless is a global player in the embedded module and PC connectivity business. We believe that the advent of 4G networks...

Craig-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...