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Fly News Breaks for October 22, 2019
TEUM
Oct 22, 2019 | 09:12 EDT
Lake Street analyst Eric Martinuzzi downgraded Pareteum to Hold from Buy with a price target of 75c, down from $7.00. The company announced prior period financials can no longer be relied on due to premature revenue recognition, which is "disappointing, to say the least," Martinuzzi tells investors in a research note. The analyst, who admits he has limited experience with companies in this circumstance, sees "no guarantee the company will come out the other side any time soon."
News For TEUM From the Last 2 Days
TEUM
Jan 21, 2022 | 09:38 EDT
As bitcoin, ethereum and other cryptocurrencies get increasing attention from investors, Wall Street and its traditional banks continue to adjust to the shift. Catch up on... To see the rest of the story go to thefly.com. See Story Here