Aviat Networks price target lowered to $25 from $30 at Citizens

Citizens lowered the firm’s price target on Aviat Networks (AVNW) to $25 from $30 and keeps an Outperform rating on the shares. Aviat Networks’ Q3 revenue was pressured by timing-related project delays and regional disruptions, particularly in the Middle East, prompting more cautious guidance, though underlying demand remains intact with delayed orders already shipping, manageable cost pressures, and solid positioning for future growth opportunities, the analyst tells investors in a research note.