Wunderlich Initiates Mavenir Systems With Buy

Analysts at Wunderlich initiated coverage on Mavenir Systems, Inc. MVNR with a Buy rating. The target price for Mavenir Systems is set to $18. Mavenir Systems shares have jumped 19.93% over the past 52 weeks, while the S&P 500 index has gained 13.45% in the same period. Mavenir Systems' shares rose 1.07% to close at $13.24 on Friday.