Needham Reiterates Buy on Ceragon Networks, Maintains $5.25 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Alex Henderson has reiterated a 'Buy' rating on Ceragon Networks (NASDAQ:CRNT) and maintained a price target of $5.25.
August 04, 2023 | 10:41 am
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Needham analyst Alex Henderson has reiterated a 'Buy' rating on Ceragon Networks and maintained a price target of $5.25.
The reiteration of a 'Buy' rating by a Needham analyst and the maintenance of a $5.25 price target indicates a positive outlook for Ceragon Networks. This could potentially lead to an increase in investor confidence and a positive impact on the stock's short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100