BWS Financial downgraded Iridium to Neutral from Buy with a $30 price target. Iridium is facing a competitive challenge while undergoing an accounting change that could result in the stock, “at minimum, staying near current levels for an extended period of time,” the analyst tells investors.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on IRDM:
