Iridium Announces Third-Quarter 2023 Results; Reports Record Operational EBITDA; Updates Guidance
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Deutsche Bank Adds Iridium Communications (IRDM) to Catalyst Call Buy Idea List
October 23, 2023 6:55 AM EDTDeutsche Bank analyst Edison Yu reiterated a Buy rating and $53.00 price target on Iridium Communications (NASDAQ: IRDM).
The analyst comments "Following material weakness in the stock (-20% last month vs. NASDAQ -1%), we see potential for sentiment to improve this week as new details about Iridium's direct-to-device (D2D) efforts could be... More
