Inseego's Turnaround Gains Traction: New Products And Partnerships to Fuel Future Growth, Says Analyst
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Roth MKM analyst Scott W. Searle has upgraded Inseego Corp. (INSG) from Neutral to Buy, with a price target increase from $13 to $15, citing new products and partnerships as key drivers for future growth.
November 14, 2024 | 7:00 pm
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Inseego Corp. has been upgraded by Roth MKM analyst Scott W. Searle from Neutral to Buy, with a price target increase from $13 to $15. The upgrade is based on the company's new products and partnerships, which are expected to drive future growth.
The analyst upgrade from Neutral to Buy and the increase in price target from $13 to $15 are positive indicators for Inseego's stock. The mention of new products and partnerships suggests potential for growth, which is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100