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

Rating:
Hold CRNT

Ceragon Networks Ltd. (CRNT) downgraded to Hold by Morgan Joseph

Posted on: Wednesday,  Jul 15, 2009  11:25 AM ET by Morgan Joseph

Morgan Joseph rated Hold Ceragon Networks Ltd. (NASDAQ: CRNT) on 07/15/2009. Previously Morgan Joseph rated Buy Ceragon
Networks Ltd. (NASDAQ: CRNT) on 03/31/2009., when the stock price was $4.18. Since then, Ceragon Networks Ltd. has gained 71.77% of its value until Morgan Joseph rated CRNT Buy on 07/15/2009, when the price was $7.18. .

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.

Morgan Joseph is committed to providing timely, objective and actionable investment advice on the companies and securities we follow. Our team of equity analysts covers a growing universe of stock issues across a broad range of industry sectors. As a middle market-focused firm, our approach is not to publish research on as many companies as possible within a number of industry sectors. Rather, our research analysts distinguish themselves by zeroing in on quality companies with growth prospects or which present special situations. These companies often lack a research following. This enables our analysts to provide insight to investors in companies that are not well understood nor fairly valued.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/26/2010 9:25 AM Buy
None
10.68 13.00
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD up  42.17 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/14/2010 8:25 AM Buy
None
7.94 11.00
7/15/2009 11:25 AM Hold
None
7.18
3/31/2009 8:25 AM Buy
None
4.18 7.00
11/20/2008 8:25 AM Buy
None
5.07 9.00
10/17/2008 8:25 AM Buy
None
4.51 8.00
1/29/2008 8:25 AM Buy
None
8.75 14.00
1/4/2008 8:25 AM Buy
None
10.89 16.00
10/8/2007 10:28 AM Hold
None
16.44
7/24/2007 9:25 AM Buy
None
14.09 16.00
7/20/2007 9:25 AM Hold
None
13.57

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