Today, Quantenna Communications Inc (QTNA) Research Coverage Started at Roth Capital

Today, Quantenna Communications Inc (QTNA) Research Coverage Started at Roth Capital
Roth Capital initiated coverage on shares of Quantenna Communications Inc (NASDAQ:QTNA) in a research note issued to investors on Tuesday. The brokerage issued a buy rating and a $25.00 price target on the stock.

Other equities research analysts have also recently issued reports about the stock. Needham & Company LLC initiated coverage on shares of Quantenna Communications in a research report on Tuesday. They set a buy rating and a $25.00 price target for the company. Deutsche Bank AG initiated coverage on shares of Quantenna Communications in a research report on Tuesday. They set a buy rating and a $25.00 price target for the company. William Blair initiated coverage on shares of Quantenna Communications in a research report on Tuesday. They set an outperform rating for the company. Morgan Stanley initiated coverage on shares of Quantenna Communications in a research report on Tuesday. They set an overweight rating and a $24.00 price target for the company. Finally, Barclays PLC initiated coverage on shares of Quantenna Communications in a research report on Tuesday. They set an overweight rating and a $23.00 price target for the company. Six investment analysts have rated the stock with a buy rating, The stock currently has an average rating of Buy and a consensus price target of $24.40.

Shares of Quantenna Communications (NASDAQ:QTNA) opened at 19.99 on Tuesday. The company’s 50-day moving average is $17.05 and its 200-day moving average is $17.05. The stock’s market cap is $655.29 billion. Quantenna Communications has a 52-week low of $13.75 and a 52-week high of $20.63.

In other Quantenna Communications news, Director Mark A. Stevens acquired 15,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 2nd. The stock was purchased at an average price of $16.00 per share, for a total transaction of $240,000.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Sean Sobers acquired 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 2nd. The stock was acquired at an average price of $16.00 per share, with a total value of $160,000.00. Following the acquisition, the chief financial officer now directly owns 10,000 shares of the company’s stock, valued at approximately $160,000. The disclosure for this purchase can be found here.

Quantenna Communications Company Profile

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