Information Provided By:
Fly News Breaks for May 25, 2016
FLTX
May 25, 2016 | 07:03 EDT
As previously reported, Pacific Crest analyst Brad Erickson upgraded Fleetmatics to Overweight from Sector Weight, saying the firm's channel checks indicate the company has dominant mind share as the leader in the fleet management space. Erickson believes the bar for earnings has been set appropriately low for the year and that the fleet management market's overall underpenetration gives Fleetmatics "plenty of runway" for growth. The analyst set a $54 price target on Fleetmatics shares.
News For FLTX From the Last 2 Days
There are no results for your query FLTX