Ceragon Networks (CRNT) Reports In-Line Q3 EPS

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Go back to Ceragon Networks (CRNT) Reports In-Line Q3 EPS

Jefferies Raises Price Target on Ceragon Networks (CRNT) to $2.50

November 15, 2016 8:16 AM EST

Jefferies reiterated a Hold rating on Ceragon Networks (NASDAQ: CRNT), and raised the price target to $2.50 (from $2.00), following the company's 3Q earnings report. Fevenue hit $79.1M, beating Consensus of $77.6M. Q3 EPS totaled $0.06, above the Street's $0.04.

Analyst James Kisner commented, "Ceragon... More