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Fly News Breaks for March 8, 2017
WIFI
Mar 8, 2017 | 07:11 EDT
Oppenheimer analyst Timothy Horan believes Boingo Wireless has "successfully transitioned" its business model to become a wholesale shared infrastructure company, enabling connectivity in densely populated areas. The analyst continues to see Boingo Wireless as a "unique" shared wireless spectrum/infrastructure company that is "undervalued" and a likely takeover target. He reiterates an Outperform rating and $15 price target.
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