William Blair Thinks Tessco Technologies Inc’s Stock is Going to Recover


William Blair analyst Maggie Nolan maintained a Buy rating on Tessco Technologies Inc (TESS) today. The company’s shares opened today at $11.03, close to its 52-week low of $11.01.

According to TipRanks.com, Nolan is ranked #2944 out of 4897 analysts.

The the analyst consensus on Tessco Technologies Inc is currently a Hold rating.

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Based on Tessco Technologies Inc’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $1.19 million. In comparison, last year the company had a net profit of $1.77 million.

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TESSCO Technologies, Inc. supplies wireless communications products for network infrastructure, site support, fixed and mobile broadband networks. It operates through Commercial and Retail business segments. The Commercial segment is consist of public carriers, government, private system operators, and value-added resellers.

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