Ribbon Communications (NASDAQ:RBBN – Get Rating) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Wednesday, Zacks.com reports. The firm currently has a $3.25 target price on the communications equipment provider’s stock. Zacks Investment Research‘s target price would indicate a potential upside of 9.06% […]
Equities research analysts expect that Ribbon Communications Inc. (NASDAQ:RBBN – Get Rating) will announce $206.02 million in sales for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for Ribbon Communications’ earnings, with estimates ranging from $204.54 million to $207.50 million. Ribbon Communications posted sales of $211.21 million during the same quarter […]
Ribbon Communications (NASDAQ:RBBN – Get Rating) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report issued on Wednesday, Zacks.com reports. The brokerage currently has a $4.00 price objective on the communications equipment provider’s stock. Zacks Investment Research‘s price objective indicates a potential upside of 15.94% from the […]
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Ribbon Communications Inc. (NASDAQ:RBBN – Get Rating) Director Bruns H. Grayson purchased 100,000 shares of the stock in a transaction dated Monday, March 14th. The shares were acquired at an average price of $2.81 per share, for a total transaction of $281,000.00. The acquisition was disclosed in a filing with the SEC, which can be […]