PC Tel (NASDAQ:PCTI) Upgraded by Zacks Investment Research to Buy
Summary
Its subsidiary, DTI, designs, develops and distributes software-defined receivers and receiver-based products that measure, monitor and optimize the performance of cellular and Wi-Fi networks. Lake Street Capital lifted their price target on PC Tel from $6.00 to $8.00 and gave the company a buy rating in a report on Friday, November 8th. Finally, B. Riley reiterated a buy rating and set a $10.25 price target on shares of PC Tel in a report on Friday, January 24th. PCTEL, Inc, together with its subsidiaries, delivers performance critical telecom solutions in the Asia Pacific, Europe, the Middle East, Africa, and the Americas. The company designs and manufactures precision antennas, which are used primarily in small cells, enterprise Wi-Fi access points, fleet management and transit systems, and in equipment and devices for the Industrial Internet of Things.