Craig-Hallum Initiates Coverage On Ribbon Comms with Buy Rating, Announces Price Target of $5.5
Portfolio Pulse from richadhand@benzinga.com
Craig-Hallum analyst Christian Schwab has initiated coverage on Ribbon Comms (NASDAQ:RBBN) with a Buy rating and a price target of $5.5.
July 19, 2023 | 9:00 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Ribbon Comms has been initiated with a Buy rating by Craig-Hallum with a price target of $5.5, indicating a positive outlook for the stock.
The initiation of coverage by Craig-Hallum with a Buy rating and a price target of $5.5 indicates a positive outlook for Ribbon Comms. This could potentially attract investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100