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TEUM

Pareteum

$3.14

0.1 (3.29%)

04:55
08/20/19
08/20
04:55
08/20/19
04:55

Pareteum management to meet with Lake Street

Meeting to be held in San Francisco on August 20 hosted by Lake Street.

  • 20

    Aug

  • 05

    Sep

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    Sep

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    Sep

TEUM Pareteum
$3.14

0.1 (3.29%)

06/27/19
LSCM
06/27/19
NO CHANGE
Target $6.5
LSCM
Buy
Pareteum fundamentals 'solid' despite stock selloff, says Lake Street
Lake Street analyst Eric Martinuzzi, says that despite the pullback in shares of Pareteum, the company's fundamentals "remain solid." Pareteum is executing well on its Q2 and 2019 plan, says the analyst, who believes investors will be "pleasantly surprised by the rapid growth in connections enabled by the Pareteum Cloud." Martinuzzi sees the current share price as an "unexpected bargain for growth stock investors." He keeps a Buy rating on Pareteum with a price target of $6.50.
06/28/19
MAXM
06/28/19
NO CHANGE
Target $9
MAXM
Buy
Pareteum short reports create compelling buying opportunity, says Maxim
Maxim analyst Allen Klee said his travels with Pareteum management have reinforced his confidence in his 2019 earnings forecast and that its iPass acquisition appears to be going well. A recent short-seller report, which he notes is the second one in three weeks, uses "cherry-picking and faulty logic to reach inaccurate conclusions," contends Klee, who sees the reports having created a "compelling" opportunity to buy the stock. He keeps a Buy rating and $9 price target on Pareteum shares.
07/01/19
LSCM
07/01/19
NO CHANGE
Target $6.5
LSCM
Buy
Pareteum announcement should reinforce confidence, says Lake Street
Lake Street analyst Eric Martinuzzi believes Pareteum's preannouncement this morning should reinforce confidence for "those wondering if current fundamentals would run counter to recent bearish speculation." The company announced its revenue will be above the $26.2M six analyst consensus estimate, Martinuzzi tells investors in a research note. He keeps a Buy rating on the shares with a $6.50 price target.
08/07/19
LSCM
08/07/19
NO CHANGE
Target $7
LSCM
Buy
Pareteum target raised to $7 on continued execution at Lake Street
Lake Street analyst Eric Martinuzzi raised his price target for Pareteum to $7 from $6.50 following the company's better than expected Q2 results. The company continues to execute and now serves nearly 1,100 customers in managed services, cloud recurring services, and on-demand APIs, Martinuzzi tells investors in a research note. He keeps a Buy rating on Pareteum shares.

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