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IRDM

Iridium

$20.10

(0.00%)

08:12
09/25/18
09/25
08:12
09/25/18
08:12

Iridium selected as satellite communication provider by The Ocean Cleanup

Iridium Communications announced that it has been selected as the preferred provider of satellite communications services for The Ocean Cleanup, the non-profit organization deploying advanced technologies to rid the world's oceans of plastic. The Ocean Cleanup is embarking on one of the largest environmental initiatives of this generation by cleaning up ocean plastic debris, starting with what's known as the Great Pacific Garbage Patch. The Ocean Cleanup has chosen Iridium L-band satellite broadband services to support this important mission. The service is being delivered in partnership with Iridium service provider The AST Group.

IRDM Iridium
$20.10

(0.00%)

05/09/18
BWSF
05/09/18
INITIATION
Target $22
BWSF
Buy
Iridium initiated with a Buy at BWS Financial
BWS Financial analyst Hamed Khorsand started Iridium Communications with a Buy rating and $22 price target. The analyst views the satellite launch scheduled for May 19 as the "next immediate catalyst for the stock."
05/09/18
05/09/18
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Cleveland-Cliffs (CLF) initiated with a Buy at Seaport Global. 2. Amneal Pharmaceuticals (AMRX) initiated with a Buy at Deutsche Bank. 3. Iridium (IRDM) initiated with a Buy at BWS Financial. 4. ServiceMaster (SERV) initiated with a Buy at Buckingham while Rollins (ROL) was initiated with a Neutral at Buckingham. 5. Eiger BioPharmaceuticals (EIGR) initiated with a Buy at B. Riley FBR. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
08/27/18
SIDC
08/27/18
DOWNGRADE
SIDC
Neutral
Iridium downgraded to Neutral from Buy at Sidoti
09/10/18
NORL
09/10/18
DOWNGRADE
Target $14
NORL
Underperform
Iridium downgraded to Underperform from Market Perform at Northland
Northland analyst Paul Penney downgraded Iridium to Underperform from Market Perform as he believes the stock's current price does not adequately account for a number of mounting risks, such as targets for its Certurs Broadband segment that he sees as ambitious and the uncertainty of the renewal of its contract with the Department of Defense. Penney lowered his price target on Iridium shares to $14 from $14.75.

TODAY'S FREE FLY STORIES

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NANO

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DLAKY

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KEQU

Kewaunee Scientific

$22.34

0.44 (2.01%)

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GM

General Motors

$36.71

0.58 (1.61%)

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FLXS

Flexsteel Industries

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PCG

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STOK

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LTXB

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UNP

Union Pacific

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MYOS

MYOS

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GM

General Motors

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EADSY

Airbus

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$374.21

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  • 09

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FB

Facebook

$188.46

-0.43 (-0.23%)

17:56
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  • 10

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OII

Oceaneering

$18.34

0.7 (3.97%)

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APC

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GVA

Granite Construction

$44.64

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APC

Anadarko

$69.95

0.16 (0.23%)

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TechnipFMC

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$23.76

0.7 (3.04%)

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