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

Rating:
Buy CRNT
down 86.97 %

Ceragon Networks Ltd. (CRNT) upgraded to Buy with price target $14 by Brigantine

Posted on: Thursday,  Jun 16, 2011  8:25 AM ET by Brigantine

Brigantine rated Buy Ceragon Networks Ltd. (NASDAQ: CRNT) on 06/16/2011, when the stock price was $10.52. Since
then, Ceragon Networks Ltd. has lost 86.98% as of 08/27/2015's recent price of $1.37.
If you would have followed this Brigantine's recommendation on CRNT, you would have lost 86.97% of your investment in 1533 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.

Brigantine Advisors is an integrated research team with its first focus on the technology sector. The equity research analysts on our team began their careers in industry with most spending an average of 7 years in their respective sectors. In addition, each analyst has spent over 10 plus years on Wall Street and collectively they have over 100 years of experience. We provide our investment clients timely analysis of market trends by identifying major technology shifts. Within the macro environment, we identify profitable investment opportunities with a focus on both the financial and technical capabilities of the companies we analyze.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/16/2011 8:25 AM Buy
None
10.52 14.00
as of 12/30/2011
1 Week down  -5.75 %
1 Month down  -3.75 %
3 Months down  -19.37 %
1 YTD down  -26.80 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/20/2011 10:25 AM Hold
None
13.51

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