Credit Suisse Sticks to Their Buy Rating for Boingo Wireless Inc (WIFI)

By Carrie Williams

Credit Suisse analyst Stephen Ju maintained a Buy rating on Boingo Wireless Inc (WIFIResearch Report) yesterday and set a price target of $35. The company’s shares closed yesterday at $23.18.

According to TipRanks.com, Ju is a top 100 analyst with an average return of 17.5% and a 66.4% success rate. Ju covers the Technology sector, focusing on stocks such as Activision Blizzard, IAC/InterActiveCorp, and Alphabet Inc.

Boingo Wireless Inc has an analyst consensus of Strong Buy, with a price target consensus of $36.20.

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The company has a one-year high of $35.98 and a one-year low of $18.50. Currently, Boingo Wireless Inc has an average volume of 560.6K.

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Boingo Wireless, Inc. engages in the istallation of distributed antenna systems or DAS, Wi-Fi, and small cells. It operates through the following geographical segments: North America; Latin America; Europe, Middle Est, and Africa; and Asia. The firm’s wireless networks are in the airport; cafe/retail; convention center; hotel; and other.