Analysts are on the Bearish side about Ceragon Networks Ltd (NASDAQ:CRNT) this week.

May 19, 2017 - By reb123z

 Analysts are on the Bearish side about Ceragon Networks Ltd (NASDAQ:CRNT) this week.

Ceragon Networks Ltd (NASDAQ:CRNT) Ratings Coverage

Among 2 analysts covering Ceragon (NASDAQ:CRNT), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Ceragon had 5 analyst reports since August 14, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, January 17 by Needham. On Friday, August 14 the stock rating was maintained by Needham with “Buy”. The firm earned “Hold” rating on Friday, August 14 by Jefferies. On Tuesday, August 9 the stock rating was maintained by Jefferies with “Hold”. Below is a list of Ceragon Networks Ltd (NASDAQ:CRNT) latest ratings and price target changes.

17/01/2017 Broker: Needham Old Rating: Buy New Rating: Hold Downgrade

About 276,312 shares traded. Ceragon Networks Ltd (NASDAQ:CRNT) has risen 6.00% since April 19, 2017 and is uptrending. It has by 0.00% the S&P500.

Ceragon Networks Ltd. offers wireless backhaul solutions. The company has market cap of $226.20 million. The Company’s products include FibeAir IP-20 Platform, FibeAir IP-20 Assured Platform and Network Management. It has a 20.46 P/E ratio. The Firm provides its services to wireless service providers, public safety organizations, government agencies and utility companies, among others.

More notable recent Ceragon Networks Ltd (NASDAQ:CRNT) news were published by: Prnewswire.com which released: “Ceragon Networks Reports First Quarter 2017 Financial Results” on May 11, 2017, also Seekingalpha.com with their article: “Why Did Ceragon Networks File A Shelf Registration Statement?” published on April 11, 2017, Prnewswire.com published: “Ceragon Networks Reports Fourth Quarter and Full Year 2016 Financial Results” on February 15, 2017. More interesting news about Ceragon Networks Ltd (NASDAQ:CRNT) were released by: Seekingalpha.com and their article: “Ceragon Networks Had A Good 2016 And Will Have An Even Better 2017” published on February 19, 2017 as well as Fool.com‘s news article titled: “Why Ceragon Networks Ltd. Stock Fell 11% in March” with publication date: April 10, 2017.

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