B. Riley Securities Maintains Buy on Ribbon Comms, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Dave Kang has maintained a 'Buy' rating on Ribbon Comms (NASDAQ:RBBN) but lowered the price target from $7 to $6.

October 26, 2023 | 1:32 pm
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Ribbon Comms' price target has been lowered from $7 to $6 by B. Riley Securities, though the 'Buy' rating is maintained.
The news is directly about Ribbon Comms and is likely to influence investor sentiment. While the 'Buy' rating is maintained, which is positive, the lowering of the price target might create some uncertainty among investors, potentially impacting the stock's short-term performance.
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IMPORTANCE 70
RELEVANCE 100