Boxlight downgraded to Neutral from Buy at Alliance Global Partners

Alliance Global Partners downgraded Boxlight (BOXL) to Neutral from Buy. The company posted lower-than-expected revenue in Q3, and with the quarter being “typically seasonally strong”, this is a “bit more concerning”, the analyst tells investors in a research note. Boxlight management also said there are a few signs of demand returning, even though visibility is limited, the firm added.