BUZZ-DragonWave Inc: CIBC cuts price target
** Canadian wireless networking equipment maker's shares down 6.5 pct at C$1.15; U.S.-listed shares down 6.9 pct at $0.95
** Dragonwave reports loss of 5 cents/share, in line with analysts' average estimate, late on Tuesday; Revenue of $47.3 mln above estimate of $46.10 mln
** CIBC cuts price target to C$2.75 from C$3; analysts reduce Q4 revenue forecast to $52 mln from $60 mln
** Up to Tuesday's close, company's Toronto-listed stock had fallen 25 pct in past 12 months, while U.S.-listed stock had fallen 33 pct
© Thomson Reuters 2017 All rights reserved.