Roth MKM Maintains Buy on Cambium Networks, Lowers Price Target to $12.5
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Scott Searle maintains a 'Buy' rating on Cambium Networks (NASDAQ:CMBM) but has lowered the price target from $25 to $12.5.
October 05, 2023 | 6:36 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Cambium Networks' price target has been lowered from $25 to $12.5 by Roth MKM, though the 'Buy' rating is maintained.
The lowering of the price target by Roth MKM could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential in the company, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100