Lake Street Initiates Franklin Wireless (FKWL) with Buy Rating $6 PT on Mobile Hotspot Growth

Group 1 - Franklin Wireless Corp. has been initiated with a Buy rating and a price target of $6 by Lake Street, indicating positive sentiment from Wall Street analysts [1][2] - The company is expected to benefit from the expanding mobile hotspot market, driven by hybrid work models, the need for reliable backup internet, and increasing demand for mobile connectivity [2] - Franklin Wireless is positioned as a lower-cost provider with a US-based headquarters, which enhances its market traction [2][3] Group 2 - Franklin Wireless offers integrated wireless solutions, including 5G/4G broadband products such as portable Wi-Fi mobile hotspot routers and fixed wireless routers [3]