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

up 96.04 %

Ceragon Networks Ltd. (CRNT) upgraded to Buy with price target $13 by Collins Stewart

Posted on: Friday,  Jan 25, 2008  11:25 AM ET by Collins Stewart

Collins Stewart rated Buy Ceragon Networks Ltd. (NASDAQ: CRNT) on 01/25/2008. Previously Collins Stewart rated Sell Ceragon Networks Ltd. (NASDAQ: CRNT) on
10/03/2007., when the stock price was $20.31. Since then, Ceragon Networks Ltd. has lost 48.99% as of 01/25/2008's recent price of $10.36.
If you would have followed the previous Collins Stewart's recommendation on CRNT, you would have gained 96.04% of your investment in 114 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.

Collins Stewart's research department is built around a number of sector-specialist teams. Our analysts are leaders in their area of specialisation and combine deep industry knowledge with decades of stock broking experience to produce insightful, independent sector research. Our research approach encompasses Questâ„¢ principles and focuses on cash-driven valuation techniques. Research is a Collins Stewart cornerstone; it is leveraged throughout the organisation.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/25/2008 11:25 AM Buy
10.36 13.00
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 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/3/2007 9:25 AM Sell
20.31 14.00

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