In a report released today, Josh Nichols from B.Riley FBR maintained a Buy rating on Ooma (NYSE: OOMA), with a price target of $15.50. The company’s shares opened today at $12.15, close to its 52-week high of $12.75.
According to TipRanks.com, Nichols is a 5-star analyst with an average return of 27.1% and a 51.9% success rate. Nichols covers the Consumer Goods sector, focusing on stocks such as Adesto Technologies Corp, Pointer Telocation Ltd, and Immersion Corp.
Ooma has an analyst consensus of Moderate Buy, with a price target consensus of $14.
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The company has a one-year high of $12.75 and a one-year low of $7.30. Currently, Ooma has an average volume of 52.89K.
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Ooma, Inc. is a holding company, which provides communications solutions and other connected services to small business, home and mobile users. It hybrid SaaS platform, consisting of their proprietary cloud, on-premise appliances, mobile applications, and end-point devices, provides the connectivity and functionality that power its solutions.
