Analysts Come Out Bullish On Mobile Iron; Shares Rally ~9%
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
|Mar 2015||RBC Capital||Initiates Coverage on||Outperform|
|Oct 2014||Deutsche Bank||Maintains||Buy|
|Aug 2014||Imperial Capital||Initiates Coverage on||Outperform|
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.