11/13 Pareteum, iPass analyst commentary at Lake Street Pareteum price target raised to $6 from $5 at Lake Street. Lake Street analyst Eric Martinuzzi maintained a Buy rating on Pareteum Corporation (TEUM) and raised his price target to $ 6 from $5 as a result of the company's acquisition of iPass (IPAS), which he feels will change Pareteum's revenue and profit profile "for the better." Martinuzzi added that the bigger takeaway of the acquisition is Pareteum's commitment to the last mile.
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12/20 Pareteum initiated at Northland Pareteum initiated with an Outperform at Northland. Northland analyst Michael Latimore initiated Pareteum with an Outperform rating and $7.50 price target, stating that mobile virtual network operators, or MVNOs, are increasingly looking to SaaS platforms, such as from Pareteum, to replace on-premises software. He believes 90% of the addressable market is still served by legacy on-premises software today, Latimore noted, adding that the company's "highly experienced management team" has orchestrated a material turnaround.