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Fly News Breaks for March 12, 2018
WIFI
Mar 12, 2018 | 09:27 EDT
William Blair analyst Jim Breen says he left investor meetings with Boingo Wireless management incrementally positive on the company's growth prospects given the overall demand for dense and faster wireless broadband services. Boingo continues to see consistent growth driven by its DAS, wholesale Wi-Fi, and military segments despite headwinds in advertising and retail, the analyst tells investors in a research note. He believes the shares are undervalued by greater than 20% and reiterates an Outperform rating on the name.
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