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Airgain price target lowered to $3 from $5.50 at B. Riley

B. Riley analyst Craig Ellis lowered the firm’s price target on Airgain to $3 from $5.50 and keeps a Neutral rating on the shares. The company’s Q3 report 3 was moderately below consensus and Q4 guide much more materially so, the analyst tells investors in a research note.

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