DragonWave, Inc. (TSE:DWI) (NASDAQ:DRWI) – Investment analysts at Desjardins raised their FY2018 EPS estimates for shares of DragonWave in a research report issued to clients and investors on Thursday. Desjardins analyst M. Yaghi now forecasts that the company will earn ($3.35) per share for the year, up from their prior forecast of ($3.67). Desjardins currently has a “Sell” rating on the stock.
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Separately, CIBC downgraded shares of DragonWave from an “outperform (spec)” rating to an “underperform (speculative)” rating in a research note on Tuesday, May 30th.
DragonWave Company Profile
DragonWave Inc (DragonWave) is a provider of packet microwave solutions for Internet protocol (IP) networks. The Company operates through broadband wireless backhaul equipment segment. The principal application of DragonWave’s products is mobile network backhaul. Additional applications include leased line replacement, last mile fiber extension and enterprise networks.
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