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Enter Symbol:
 
Ceragon Networks Ltd. (CRNT) [hlAlert]

Rating:
Buy CRNT
down 86.43 %

Ceragon Networks Ltd. (CRNT) rated Buy with price target $25 by SMH Capital

Posted on: Wednesday,  Jan 2, 2008  1:25 PM ET by SMH Capital

SMH Capital rated Buy Ceragon Networks Ltd. (NASDAQ: CRNT) on 01/02/2008, when the stock price was $10.10. Since
then, Ceragon Networks Ltd. has lost 86.44% as of 08/27/2015's recent price of $1.37.
If you would have followed this SMH Capital's recommendation on CRNT, you would have lost 86.43% of your investment in 2794 days.

Ceragon Networks Ltd. (Ceragon) is a provider of high capacity wireless backhaul solutions that enable wireless service providers to deliver voice and data services, such as Internet browsing, music and video applications. The Company?s wireless backhaul solutions use microwave technology to transfer large amounts of network traffic between base stations and the infrastructure at the core of the mobile network. Ceragon designs its solutions to provide fiber-like connectivity for circuit-switched, or synchronous optical network technologies/ synchronous digital hierarchy (SONET/SDH), networks, next generation Ethernet/Internet Protocol (IP)-based, networks, and hybrid networks that combine circuit-switched and IP-based networks. It also provides its solutions to businesses and public institutions that operate their own private communications networks.

Sanders Morris Harris has built a unique, niche-oriented research effort that's attuned to the Southwest, yet takes a broad, global perspective. Our analysts cover some 100 companies in six broad sectors, including business services; energy; entertainment & media; financial services; and technology. Whatever the geographical focus, our research approach is fundamental and no-nonsense. We look at industries in a bottom-up way, and get to know company managements in depth, to understand their growth philosophy and their views of how their company fits within their group. And we provide straightforward, timely advice to both institutional and private clients based on that research. Unlike many Wall Street firms, which have developed arcane "recommendation matrixes," we have three simple categories of investment advice: buy, sell and hold. And we transmit our recommendations in timely, useful form. Our on-line Research Library gives clients access to the full range of company reports and bulletins generated by our analytical staff. Above all, of course, the success of SMH's research effort rests on its gifted team of analysts - a purposeful blend of experienced research pros and young, creative individuals, all of whom have honed their financial skills within the target industry or with major accounting firms. The combination works. Three of our analysts have appeared on the Wall Street Journal roster of All-Star Analysts or on the Institutional Investor's All-Star Research Team.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/2/2008 1:25 PM Buy
None
10.10 25.00
as of 12/24/2008
1 Week up  0.79 %
1 Month up  5.37 %
3 Months down  -6.93 %
1 YTD up  0.99 %

(*) Stock Price at the time of the recommendation.
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