JP Morgan Maintains Underweight on Cambium Networks, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Samik Chatterjee maintains an Underweight rating on Cambium Networks (NASDAQ:CMBM) and has lowered the price target from $12 to $6.
October 10, 2023 | 4:53 pm
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JP Morgan has maintained an Underweight rating on Cambium Networks and lowered the price target from $12 to $6.
The lowered price target by JP Morgan indicates a bearish outlook for Cambium Networks. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100