Aviat Networks price target raised to $30 from $27 at Lake Street

Lake Street raised the firm’s price target on Aviat Networks (AVNW) to $30 from $27 and keeps a Buy rating on the shares after the company reported revenue and EPS above estimates. The firm was “impressed with the strong rebound in results” and “encouraged by management’s constructive tone,” as well as the strong bookings in fiscal Q2, the analyst tells investors.