JMP Securities Reiterates Market Outperform on Ribbon Comms, Maintains $6 Price Target
Portfolio Pulse from richadhand@benzinga.com
JMP Securities analyst Erik Suppiger has reiterated a Market Outperform rating on Ribbon Comms (NASDAQ:RBBN) and maintained a $6 price target.
July 27, 2023 | 4:34 pm
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Ribbon Comms (NASDAQ:RBBN) has had its Market Outperform rating reiterated and $6 price target maintained by JMP Securities.
The reiteration of the Market Outperform rating and maintenance of the $6 price target by JMP Securities indicates a positive outlook for Ribbon Comms. This could potentially lead to an increase in investor confidence and a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100