Airgain (AIRG) is Downgraded by Wunderlich to Hold, Price Target at $14

Airgain (AIRG) was Downgraded by Wunderlich to ” Hold” and the brokerage firm has set the Price Target at $14. Earlier the firm had a rating of “Buy ” on the company shares. Wunderlich advised their investors in a research report released on Sep 21, 2016.

Many Wall Street Analysts have commented on Airgain. Wunderlich Initiated Airgain on Sep 6, 2016 to “Buy”, Price Target of the shares are set at $14.Airgain was Initiated by Northland Capital to “Outperform” on Sep 6, 2016.

On the company’s financial health, Airgain reported $0.15 EPS for the quarter, missing the analyst consensus estimate by $ -0.07 based on the information available during the earnings call on Sep 20, 2016. Analyst had a consensus of $0.22. The company had revenue of $9.86 million for the quarter, compared to analysts expectations of $9.74 million. The company’s revenue was up 62.7% compared to the same quarter last year.


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