B. Riley Securities Maintains Buy on Aviat Networks, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has maintained a Buy rating on Aviat Networks but lowered the price target from $55 to $42.
September 13, 2024 | 1:12 pm
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NEUTRAL IMPACT
B. Riley Securities has maintained a Buy rating on Aviat Networks but lowered the price target from $55 to $42, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Aviat Networks' potential, but the lowered price target reflects a more cautious outlook on its short-term performance. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100