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Analysts Come Out Bullish On Mobile Iron; Shares Rally ~9%

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A number of analysts released notes Monday morning initiating coverage on Mobile Iron (NASDAQ: MOBL) with the equivalent of a Buy rating.

The Street reacted favorably to the analyst sentiment, as the stock went up over nine percent in the early hours of Monday's market session. Shares have retreated a bit, trading up 6.8 percent from the previous close.

Below is a list of the analyst firms with their respective rating and price target.

Nomura: Buy, $13 - summary

  • Stifel: Buy, $13 - summary
  • Deutsche Bank: Buy, $13 - summary
  • Morgan Stanley: Overweight, $13 - summary
  • Goldman Sachs: Buy, $13
  • Barclays: Overweight, $15

Latest Ratings for MOBL

DateFirmActionFromTo
Jul 2016BarclaysDowngradesOverweightUnderweight
May 2016Imperial CapitalMaintainsOutperform
Apr 2016Sterne Agee CRTInitiates Coverage onBuy

View More Analyst Ratings for MOBL
View the Latest Analyst Ratings

Posted-In: Barclays Deutsche Bank Goldman SachsAnalyst Color News Price Target Initiation Analyst Ratings

 

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