Share on StockTwits

Several investment firms have updated their stock ratings and price targets on shares of Mobileiron (NASDAQ: MOBL) in the last week:

  • Mobileiron is now covered by analysts at Barclays. They set an “overweight” rating and a $15.00 price target on the stock.
  • Mobileiron is now covered by analysts at Goldman Sachs. They set a “buy” rating and a $13.00 price target on the stock.
  • Mobileiron is now covered by analysts at Nomura. They set a “buy” rating and a $13.00 price target on the stock. They wrote, “We are initiating coverage of MobileIron with a Buy rating and $13 target price, based on our positive view of the company’s positioning within the underpenetrated, high-growth mobile enterprise management (MEM) space. “We believe that the stock’s valuation at 4.8x EV to CY15E revenue undervalues the company’s growth prospects based on our estimates (38% y-o-y growth expected in CY15) and our expectation for the company to reach an operating margin of 20-25% over the long term. Competitive risks are high, but we believe the market opportunity is rich for the emerging market leaders.”
  • Mobileiron is now covered by analysts at Stifel Nicolaus. They set a “buy” rating and a $13.00 price target on the stock. They wrote, “We believe MobileIron is uniquely positioned to take a leading share in the Enterprise Mobility Management (EMM) space that encompasses Mobile Device Management (MDM) as well as the expanding segments of Mobile Application Management (MAM) and Mobile Content Management (MCM), with both internally built products as well as through partnerships. “In our view, MobileIron is technically capable, with products that meet the majority of customer requirements, bringing in best-of-breed partner companies when needed, and the company also services customers with a very capable technical support team. MobileIron has been able to successfully upsell higher value-added products and services to existing and new customers. Overall, MobileIron has a comprehensive vision of Mobile IT and is most likely to succeed in terms of pure-play EMM vendors.”
  • Mobileiron is now covered by analysts at Morgan Stanley. They set an “overweight” rating and a $13.00 price target on the stock.
  • Mobileiron is now covered by analysts at Deutsche Bank. They set a “buy” rating and a $13.00 price target on the stock. They wrote, “buy”
  • Mobileiron is now covered by analysts at Raymond James. They set an “outperform” rating and a $13.00 price target on the stock.

Shares of Mobileiron Inc (NASDAQ:MOBL) opened at 11.05 on Tuesday. Mobileiron Inc has a 52 week low of $8.89 and a 52 week high of $11.74. The stock’s 50-day moving average is $10.08 and its 200-day moving average is $10.08. The company’s market cap is $824.9 million.

Mobileiron Inc, formerly Mobile Iron, Inc, provides security and management solutions for mobile applications, content, and devices.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.