Craig-Hallum has decided to maintain its Buy rating of Airgain AIRG and lower its price target from $10.00 to $8.00.
Shares of Airgain are trading down 2.93% over the last 24 hours, at $5.46 per share.
A move to $8.00 would account for a 46.52% increase from the current share price.
Airgain Inc is engaged in providing antenna technologies. These technologies can be used to enable performance wireless networking across devices and markets which include connected home, enterprise, automotive, and internet of things. It also provides solutions to complex radio frequency, engineering challenges, and improving wireless service that require higher throughput, broad coverage footprint, and carrier-grade quality. Geographically, it derives maximum revenue from North America and also has a presence in China and Rest of the World. The company products include Antenna Plus: Fleet, M2M, IoT Antennas, Carrier-Class Antenna, Embedded Antennas, and External Dipole Antennas.
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