Raymond James Maintains Outperform on Cambium Networks, Raises Price Target to $5.5
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Simon Leopold has maintained an Outperform rating on Cambium Networks (CMBM) and increased the price target from $5.25 to $5.5.
February 16, 2024 | 3:16 pm
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Raymond James has maintained an Outperform rating on Cambium Networks and raised the price target from $5.25 to $5.5.
The increase in price target by a reputable analyst firm like Raymond James typically signals a positive outlook on the stock, suggesting potential upside. This could lead to increased investor confidence and a short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100