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CRNT

Ceragon Networks

$4.30

0.07 (1.65%)

09:02
11/20/18
11/20
09:02
11/20/18
09:02

Zurich Technology Solutions announces agreement with Ceragon Networks

Zurich Technology Solutions announced a Premier Value-Added Reseller agreement with Ceragon Networks. The agreement further enriches Zurich's 5G capabilities and product portfolio and cements Zurich's position as a top provider in 5G transformation services in the US and abroad.

  • 03

    Dec

  • 04

    Dec

  • 05

    Dec

CRNT Ceragon Networks
$4.30

0.07 (1.65%)

05/08/18
NEED
05/08/18
UPGRADE
NEED
Buy
Ceragon Networks upgraded to Buy from Hold at Needham
05/08/18
NEED
05/08/18
UPGRADE
Target $3.6
NEED
Buy
Ceragon Networks upgraded to Buy at Needham on better demand visibility
As reported earlier, Needham analyst Alex Henderson upgraded Ceragon Networks (CRNT) to Buy from Hold with a price target of $3.60. The analyst cites improved visibility around demand as well as its maintained pricing amid accelerating data rates, allowing the company to gain price-sensitive customers. Henderson adds that India markets are seeing particularly strong demand and also notes its improving distribution reach as evidenced by its recent deal with Fujitsu (FJTSY) as well as the benefits of the developing 5G "densification" programs.
09/28/18
OPCO
09/28/18
UPGRADE
OPCO
Outperform
Ceragon Networks upgraded to Outperform from Perform at Oppenheimer
09/28/18
OPCO
09/28/18
UPGRADE
Target $4.5
OPCO
Outperform
Ceragon Networks upgraded to Outperform from Perform at Oppenheimer
Oppenheimer analyst George Iwanyc upgraded Ceragon to Outperform from Perform, citing favorable risk/reward. With the shares down ~28% since earnings, the analyst believes too much negativism is built into expectations, Iwanyc tells investors in a research note. He is bullish on Ceragon's best-of-breed model, tight cost management, and expects 4G LTE build-outs to provide NT support, with 5G a LT catalyst. Iwanyc has a $4.50 price target on the shares.

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