Ceragon Networks (CRNT) Reports In-Line Q2 EPS
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Ceragon Networks (CRNT) PT Lowered to $2.50 at Jefferies Following 2Q
August 8, 2017 9:09 AM EDTJefferies lowered its price target on Ceragon Networks (NASDAQ: CRNT) to $2.50 (from $3.50) while maintaining a Hold rating following the company's 2Q. Ceragon reported revenue of $93.3M, above the Street's $87.8M. Gross margin was slightly better than expected at 31.8% vs. Consensus of 31.2%. EPS landed at $0.07,... More
