B. Riley Securities Maintains Buy on Ribbon Comms, Raises Price Target to $6.5
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Dave Kang has maintained a Buy rating on Ribbon Communications (RBBN) and increased the price target from $6 to $6.5.

April 25, 2024 | 5:44 pm
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B. Riley Securities has reaffirmed its Buy rating on Ribbon Communications and raised the price target to $6.5.
The upgrade in the price target by B. Riley Securities reflects a positive outlook on Ribbon Communications, likely due to the company's strong performance or potential growth prospects. This endorsement from a reputable analyst could increase investor confidence, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100