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

down 84.37 %

Ceragon Networks Ltd. (CRNT) rated Accumulate with price target $15 by CL King

Posted on: Wednesday,  Jan 20, 2010  9:25 AM ET by CL King

CL King rated Accumulate Ceragon Networks Ltd. (NASDAQ: CRNT) on 01/20/2010. Previously CL King rated Strong Buy Ceragon Networks Ltd. (NASDAQ: CRNT)
on 02/13/2008., when the stock price was $8.77. Since then, Ceragon Networks Ltd. has lost 84.38% as of 08/27/2015's recent price of $1.37.
If you would have followed the previous CL King's recommendation on CRNT, you would have lost 84.37% of your investment in 2752 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.

CL King research analysts "Discover the Uncovered." Our analysts seek out small- and mid-cap companies that may be ignored by other Wall Street research providers, identifying value and growth that may be unrecognized by institutional equity investors. Our goal is to generate superior absolute returns while minimizing downside risk.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/20/2010 9:25 AM Buy
12.47 15.00
as of 12/31/2010
1 Week up  3.62 %
1 Month up  23.45 %
3 Months up  33.06 %
1 YTD up  12.09 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/24/2009 9:25 AM Buy
11.49 13.00
10/20/2009 11:25 AM Buy
10.43 12.00
10/3/2008 9:25 AM Buy
6.92 11.00
4/21/2008 9:25 AM Buy
8.91 13.00
2/13/2008 9:25 AM Buy
8.77 14.00

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