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0.044487427466151 0.044487427466151 0.044487427466151 -0.00386847195357825 -0.00241779497098632 -0.0425531914893617 -0.0164410058027079 -0.0164410058027079
Stock impact report

Lake Street Initiates Franklin Wireless (FKWL) with Buy Rating $6 PT on Mobile Hotspot Growth [Yahoo! Finance]

Franklin Wireless Corp. - common stock (FKWL) 
NASDAQ:AMEX Investor Relations: franklinwireless.com/investors
Company Research Source: Yahoo! Finance
Street initiated coverage of Franklin Wireless with a Buy rating and $6 price target. This decision was made by Lake Street even as the firm acknowledged that the very rapid growth seen during the COVID-19 pandemic is unlikely to be repeated. Lake Street Initiates Franklin Wireless with Buy Rating $6 PT on Mobile Hotspot Growth However, the firm believes that Franklin Wireless is well-positioned to benefit from the expanding mobile hotspot market. Demand is expected to be fueled by the rise of hybrid work models, the growing need for reliable backup internet at home, and general demand for mobile connectivity. Franklin's status as a lower-cost provider and its US-based headquarters give it an advantage in gaining market traction. Franklin Wireless Corp. (NASDAQ:FKWL) provides integrated wireless solutions in North America and Asia. The company offers 5G/4G wireless broadband products, such as portable wi-fi mobile hotspot routers, mobile hotspots, fixed wireless routers, and mob Show less Read more
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