Kore Group price target lowered to $7.50 from $12.00 at Northland

Northland analyst Michael Latimore lowered the firm’s price target on Kore Group to $7.50 from $12.00 and keeps an Outperform rating on the shares. Northland believes the company had additional material wins during the quarter, which give strong visibility into 2H acceleration as the company enters a period of easier comps, the analyst tells investors in a research note.