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

Rating:
Buy CRNT
down 87.09 %

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

Posted on: Thursday,  Apr 22, 2010  11:25 AM ET by Oscar Gruss

Oscar Gruss rated Buy Ceragon Networks Ltd. (NASDAQ: CRNT) on 04/22/2010, when the stock price was $10.62. Since
then, Ceragon Networks Ltd. has lost 87.10% as of 08/27/2015's recent price of $1.37.
If you would have followed this Oscar Gruss's recommendation on CRNT, you would have lost 87.09% of your investment in 1953 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.

Oscar Gruss & Son Inc. is a full service investment and merchant bank. It provides financial advisory services such as mergers and acquisitions, re-capitalization, strategic partnerships and joint venture assignments, fairness opinions, and valuations. Its corporate finance services include public offerings, and placements of equity and debt for public and private companies. It also provides equity research analysis focusing on healthcare, including biotechnology, medical devices, genomics, and other medical technologies; and communications technology, such as telecommunications equipment, and other areas.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/22/2010 11:25 AM Buy
None
10.62 13.00
as of 12/31/2010
1 Week up  3.62 %
1 Month up  23.45 %
3 Months up  33.06 %
1 YTD up  32.34 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/2/2010 12:25 PM Hold
None
12.73 13.00
10/9/2009 11:25 AM Buy
None
9.45 12.00
2/5/2009 2:25 PM Hold
None
5.05 5.50
10/17/2008 11:25 AM Hold
None
4.48 6.00

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