JMP Securities Maintains Outperform on Cambium Networks, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Erik Suppiger maintains an 'Outperform' rating on Cambium Networks (NASDAQ:CMBM), but has lowered the price target from $45 to $17.
August 04, 2023 | 10:54 am
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Cambium Networks' price target has been lowered from $45 to $17 by JMP Securities, although the 'Outperform' rating is maintained.
The lowering of the price target for Cambium Networks by JMP Securities indicates a potential decrease in the stock's value in the short term. However, the maintenance of the 'Outperform' rating suggests that the analyst still sees potential in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100