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Buy
Novatel 3Q09 outlook exceeds expectations on MiFi Momentum - CowenMatthew Hoffman at Cowen and Company sees at least a 50% appreciation on Novatel Wireless Inc. (NVTL - $10.50) shares from current prices as 2Q09 beat consensus and additionally raised its outlook. The company reported revenues of $84.1MM versus $77MM consensus. http://www.voicedup.com/index.php/novatel-3q09-outlook-exceeds-expectations-on-mifi-momentum-cowen/ |
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