MarketBeat Analyst action
PowerFleet (NASDAQ:AIOT) Stock Rating Lowered by Wall Street Zen
Wall Street Zen downgraded PowerFleet (NASDAQ:AIOT) from "hold" to "sell", joining other analysts who have recently lowered their ratings. Despite these downgrades, the consensus rating for PowerFleet remains "Hold" with an average price target of $7.40. The company recently reported a quarterly loss that beat estimates but revenue that fell short, and its board authorized a $30 million …