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Fly News Breaks for March 3, 2020
WIFI
Mar 3, 2020 | 07:36 EDT
Ladenburg Thalmann analyst Jon Hickman lowered the firm's price target on Boingo Wireless to $20.50 from $33.50 and keeps a Buy rating on the shares. The analyst says that while the company's Q4 results "were quite soft," he remains confident in its outlook for continued future revenue growth and positive cash flow. At current prices, Hickman views Boingo as an attractive opportunity for growth investors.
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