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Fly News Breaks for March 23, 2018
IPAS
Mar 23, 2018 | 07:04 EDT
Roth Capital analyst Scott Searle says that despite claims to the contrary, WiFi continues to grow as a percentage of overall mobile traffic. The analyst believes iPass remains well positioned to benefit from this, with the potential transformational opportunities in software and analytics driving non-traditional revenue opportunities. Searle thinks these opportunities remain largely underappreciated and reiterates a Buy rating and $2 price target on the shares.
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