Northland Capital Markets Downgrades DZS to Market Perform, Lowers Price Target to $5.5
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets analyst Tim Savageaux downgraded DZS (NASDAQ:DZSI) from Outperform to Market Perform and lowered the price target from $10 to $5.5.
June 01, 2023 | 4:59 pm
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DZS (NASDAQ:DZSI) has been downgraded from Outperform to Market Perform by Northland Capital Markets, with a reduced price target of $5.5.
The downgrade from Outperform to Market Perform and the reduction in price target from $10 to $5.5 by Northland Capital Markets analyst Tim Savageaux indicate a less optimistic outlook for DZS. This could negatively impact the stock price in the short term as investors may adjust their positions based on the new rating and price target.
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IMPORTANCE 80
RELEVANCE 100