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

Rating:
Outperform
CRNT
down 87.19 %

Ceragon Networks Ltd. (CRNT) rated Outperform with price target $16 by Oppenheimer

Posted on: Thursday,  Jan 20, 2011  8:25 AM ET by Oppenheimer

Oppenheimer rated Outperform Ceragon Networks Ltd. (NASDAQ: CRNT) on 01/20/2011. Previously Oppenheimer rated Outperform Ceragon Networks Ltd. (NASDAQ: CRNT) on 10/29/2010.,
when the stock price was $10.70. Since then, Ceragon Networks Ltd. has lost 87.20% as of 08/27/2015's recent price of $1.37.
If you would have followed the previous Oppenheimer's recommendation on CRNT, you would have lost 87.19% of your investment in 1763 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.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/20/2011 8:25 AM Buy
None
14.11 16.00
as of 12/30/2011
1 Week down  -5.75 %
1 Month down  -3.75 %
3 Months down  -19.37 %
1 YTD down  -41.57 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/29/2010 8:25 AM Buy
None
10.70 14.00
10/4/2007 9:25 AM Hold
None
16.72

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