Boxlight price target lowered to $9 from $14 at Alliance Global Partners

Alliance Global Partners lowered the firm’s price target on Boxlight to $9 from $14 and keeps a Buy rating on the shares post the Q2 report. The education technology market has experienced a pause in spending over the last few quarters which led to a decline in orders, but July and August’s order trends and pipeline are strengthening, the analyst tells investors in a research note.