Northland Securities analyst Michael Latimore reiterated a Buy rating on Westell Technologies (NASDAQ: WSTL) today and set a price target of $5. The company’s shares closed yesterday at $2.72, close to its 52-week low of $2.50.
According to TipRanks.com, Latimore is a 5-star analyst with an average return of 14.3% and a 61.3% success rate. Latimore covers the Technology sector, focusing on stocks such as The Meet Group Inc, Vonage Holdings, and Everbridge Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Westell Technologies with a $5 average price target.
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The company has a one-year high of $4.60 and a one-year low of $2.50. Currently, Westell Technologies has an average volume of 55.33K.
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Westell Technologies, Inc. provides wireless infrastructure solutions, which focuses on innovation and differentiation at the edge of telecommunication networks, where end users connect. It operates through three segments: In-Building Wireless (IBW), Intelligent Site Management & Services (ISMS), and Communications Network Solutions (CNS).
