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Ceragon Networks Ltd. (CRNT) [hlAlert]

Rating:
Buy CRNT
down 85.17 %

Ceragon Networks Ltd. (CRNT) rated Buy with price target $12 by Hudson Securities

Posted on: Wednesday,  Sep 15, 2010  10:25 AM ET by Hudson Securities

Hudson Securities rated Buy Ceragon Networks Ltd. (NASDAQ: CRNT) on 09/15/2010, when the stock price was $9.24. Since
then, Ceragon Networks Ltd. has lost 85.17% as of 08/27/2015's recent price of $1.37.
If you would have followed this Hudson Securities's recommendation on CRNT, you would have lost 85.17% of your investment in 1807 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.

Hudson Securities., a trading company, provides execution solutions and making markets in the Unties States and foreign securities, and ADRs to institutions, hedge funds, asset managers, and broker dealers. It offers order execution and liquidity, institutional trading, direct market access, commission management, institutional trading, equity derivatives trading, commission management, and investment banking, as well as capital market services in pharmaceuticals, energy, alternative energy, and natural resources. The company was formerly known as Wien Securities, Inc. and changed its name to Hudson Securities, Inc. in September 2004. Hudson Securities, Inc. was founded in 1984 and is based in Jersey City, New Jersey with branch offices in New York, New York; Boca Raton, Florida; Norwalk, Connecticut; Atlanta, Georgia; St. Louis, Missouri; and Tinton Falls, New Jersey, and Cleveland, Ohio. Hudson Securities, Inc. was operates as a subsidiary of Rodman & Renshaw Capital Group, Inc.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/15/2010 10:25 AM Buy
None
9.24 12.00
as of 12/31/2010
1 Week up  3.62 %
1 Month up  23.45 %
3 Months up  33.06 %
1 YTD up  42.42 %

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