Litchfield Hills analyst Theodore O’Neill lowered the firm’s price target on Aviat Networks to $55 from $57 and keeps a Buy rating on the shares. The company reported a solid fiscal Q4 beat with Pasolink and private networks a bright spot, the analyst tells investors in a research note. The firm cites lower near-term earnings for the target cut.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AVNW:
- Aviat Networks’ Q4 earnings in line with expected ranges, but below guidance
- Aviat Networks price target lowered to $45 from $51 at Lake Street
- 3 Best Stocks to Buy Now, 10/8/2024, According to Top Analysts
- Aviat Networks: Navigating the Perilous Waters of Internal Controls and Financial Integrity
- Aviat Networks price target lowered to $40 from $50 at Northland
