Boxlight price target lowered to $2 from $3 at H.C. Wainwright

H.C. Wainwright analyst Scott Buck lowered the firm’s price target on Boxlight to $2 from $3 and keeps a Buy rating on the shares post the Q4 results. The analyst says the company’s strong execution and improving margins help offset the challenging revenue environment. The firm recommends investors take advantage of the recent weakness in shares to accumulate a position ahead of stronger financial results nd possible share buybacks later this year.