Northland Securities analyst Nehal Chokshi reiterated a Hold rating on MobileIron (MOBL) yesterday and set a price target of $7.05. The company’s shares closed last Monday at $7.05, close to its 52-week high of $7.30.
According to TipRanks.com, Chokshi is a 5-star analyst with an average return of 9.5% and a 53.7% success rate. Chokshi covers the Technology sector, focusing on stocks such as Super Micro Computer, Palo Alto Networks, and Avid Technology.
MobileIron has an analyst consensus of Hold, with a price target consensus of $6.43, which is a -7.7% downside from current levels. In a report issued on September 25, Raymond James also maintained a Hold rating on the stock.
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The company has a one-year high of $7.30 and a one-year low of $2.94. Currently, MobileIron has an average volume of 1.59M.
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MobileIron, Inc. engages in the development of purpose-built mobile information technology platform, which enables enterprises to manage and secure mobile applications, content, and devices. Its products include MobileIron unified endpoint management, MobileIron Access, MobileIron Threat Defense, and MobileIron secure applications for end-user productivity. The company was founded by Suresh Batchu, Ajay Mishra, and Robert Bates Tinker in July, 2007 and is headquartered in Mountain View, CA.
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