Lake Street Maintains Buy on Aviat Networks, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Jaeson Schmidt maintains a Buy rating on Aviat Networks but lowers the price target from $51 to $45.
October 08, 2024 | 3:55 pm
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Lake Street analyst Jaeson Schmidt continues to recommend buying Aviat Networks stock but has reduced the price target from $51 to $45, indicating a more conservative outlook.
The analyst's decision to maintain a Buy rating suggests confidence in Aviat Networks' potential, but the lowered price target reflects a more cautious stance on its short-term valuation. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100