Aviat Networks price target lowered to $31 from $34 at Lake Street

Lake Street lowered the firm’s price target on Aviat Networks (AVNW) to $31 from $34 and keeps a Buy rating on the shares. Weak results and lowered guidance will put shares in “show-me territory,” but the firm believes the pullback “presents a compelling entry point” as it thinks Aviat is setting up to see multiple tailwinds in FY27, the analyst tells investors.