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Stock analysts at Chardan Capital dropped their price target on shares of iPass (NASDAQ:IPAS) from $5.00 to $3.40 in a report issued on Monday. The firm currently has a “buy” rating on the stock. Chardan Capital’s price objective would indicate a potential upside of 146.38% from the company’s current price.

Shares of iPass (NASDAQ:IPAS) opened at 1.38 on Monday. iPass has a 1-year low of $1.05 and a 1-year high of $2.20. The stock’s 50-day moving average is $1.36 and its 200-day moving average is $1.47. The company’s market cap is $88.9 million.

iPass Inc is a global provider of enterprises and telecommunications carriers with cloud-based mobility management and networks connectivity services.

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