Roth MKM lowered the firm’s price target on Ceragon Networks (CRNT) to $5 from $6 and keeps a Buy rating on the shares. Ceragon posted “generally in-line” Q4 results, but limited near-term visibility are pressuring the immediate outlook, notes the analyst, who is lowering the firm’s 2025 and 2026 revenue and EPS forecasts.
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Read More on CRNT:
- Coca-Cola reports Q4 beat, Elliott discloses Phillips 66 stake: Morning Buzz
- Ceragon Networks Reports Record Revenue Growth and Strategic Expansion
- Ceragon Networks reports Q4 adjusted EPS 9c, consensus 9c
- Ceragon Networks sees FY25 revenue $390M-$430M, consensus $415.12M
- Is CRNT a Buy, Before Earnings?
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