Ceragon Networks price target lowered to $4 from $5 at Roth Capital

Roth Capital analyst Scott Searle lowered the firm’s price target on Ceragon Networks (CRNT) to $4 from $5 and keeps a Buy rating on the shares. India headwinds continue to persist, placing increasing pressure on the firm’s 2H25 expectations of a backend-loaded year, the analyst tells investors in a research note. The firm added, however, that the stock’s valuation is at trough levels.