DZS Releases Third Quarter Financial Results

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DASAN Zhone Solutions Inc (DZSI) PT Lowered to $18 at Needham & Company

November 2, 2021 5:21 PM EDT

Needham & Company analyst Ryan Koontz lowered the price target on DASAN Zhone Solutions Inc (NASDAQ: DZSI) to $18.00 (from $21.00) while maintaining a Buy rating.

The analyst commented, "DZS reported 3Q21 including ~inline revenue and strong GM beat which increased +370bps q/q, while... More