Northland Capital Markets Maintains Outperform on Cambium Networks, Lowers Price Target to $17.5
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets has maintained an Outperform rating on Cambium Networks (NASDAQ:CMBM), but lowered the price target from $22.5 to $17.5.
August 04, 2023 | 11:44 am
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Cambium Networks' price target has been lowered from $22.5 to $17.5 by Northland Capital Markets, though the Outperform rating is maintained.
The lowering of the price target for Cambium Networks by Northland Capital Markets could potentially lead to a decrease in the stock's price in the short term. However, the maintenance of the Outperform rating indicates that the analyst still sees potential in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100