Phunware (PHUN) announced the appointment of Rahul Mewawalla, who has served as a director of the company since October 2021, as Chairman of the Board, effective immediately. As Chairman, Mewawalla will provide guidance to the Phunware leadership team and help drive corporate strategy to accelerate expansion and innovation, which includes opportunities in generative AI, predictive analytics, and cloud-based services.
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- Phunware price target raised to $9 from $7 at H.C. Wainwright
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