Stock analysts at Roth Capital began coverage on shares of Quantenna Communications Inc (NASDAQ:QTNA) in a research note issued on Tuesday. The brokerage set a “buy” rating and a $25.00 price target on the stock. Roth Capital’s price objective points to a potential upside of 25.06% from the stock’s previous close.

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

Analyst Recommendations for Quantenna Communications (NASDAQ:QTNA)

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

In related news, CFO Sean Sobers purchased 10,000 shares of the business’s stock in a transaction 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 completion of the acquisition, the chief financial officer now owns 10,000 shares of the company’s stock, valued at approximately $160,000. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Mark A. Stevens purchased 15,000 shares of the business’s stock in a transaction on Wednesday, November 2nd. The shares were bought at an average cost of $16.00 per share, with a total value of $240,000.00. The disclosure for this purchase can be found here.

COPYRIGHT VIOLATION NOTICE: This article was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this article on another website, it was illegally copied and reposted in violation of U.S. & international trademark & copyright legislation. The legal version of this article can be viewed at https://www.thecerbatgem.com/2016/11/24/quantenna-communications-inc-qtna-coverage-initiated-at-roth-capital.html.

About Quantenna Communications

Quantenna Communications Inc is a United States-based company, which designs wireless fidelity (Wi-Fi) chips used in set-top boxes (STBs) and wireless routers. The Company offers products, including QSR10G, QSR2000, QSR1000, QHS710 and MAUI. The QSR10G Wi-Fi chipset is the 10-giga bytes per second (Gbps) solution for access points and repeaters.

5 Day Chart for NASDAQ:QTNA

Receive News & Stock Ratings for Quantenna Communications Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quantenna Communications Inc and related stocks with our FREE daily email newsletter.