Novatel Jumps 9% as Morgan Joseph Ups to Buy

Novatel Wireless (NVTL) shares are up sharply today after Morgan Joseph analyst Keven Dede upped his rating on the company to buy from hold, setting a price target of $13.

Dede notes that investment presentations by both Novatel and rival wireless broadband card maker Sierra Wireless (SWIR) “included the point that June quarter product sales have remained at solid levels.”

He says that Novatel will introduce two new USB modems in the third quarter, one each for customers at Sprint (S) and Verizon (VZ).
Read the rest of this post

Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »