Northland lowered the firm’s price target on Aviat Networks (AVNW) to $27 from $35 and keeps an Outperform rating on the shares. The firm lowered estimates based on reduced FY25 guidance and lower than expected fiscal Q1 report, the analyst tells investors.
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Read More on AVNW:
- Aviat Networks Reports Q1 Fiscal 2025 Results
- Closing Bell Movers: Exact Sciences falls 30% after results, guidance cut
- Aviat Networks reports Q1 non-GAAP EPS (87c), consensus (3c)
- Aviat Networks sees FY25 revenue $430M-$470M, consensus $458.78M
- Aviat Networks price target lowered to $55 from $57 at Litchfield Hills