Why Mitel Networks Stock Surged Today

newsfeedback@fool.com (Evan Niu, CFA), The Motley Fool
Thu, 12/14/2017 - 10:57am

Shares of Mitel Networks (NASDAQ: MITL) have surged today, up by 12% as of 12:15 p.m. EST, after the company got a bullish rating from Wall Street. Craig-Hallum initiated coverage of Mitel with a buy rating.Alongside the bullish rating, analyst George Sutton assigned a price target of $14, representing significant upside from current levels even after today's pop.Image source: Getty Images.Continue reading

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Topics:  mitel networks nasdaq   mitl    street   george sutton   images   mitel   surged today   rating   bullish   
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