Optimistic Outlook for Ceragon Networks: Buy Rating Backed by Market Recovery and Growth Opportunities
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Ryan Koontz has issued a Buy rating for Ceragon Networks, citing an optimistic outlook due to improved order visibility and growth opportunities in North America, particularly with T-Mobile and a potential new Tier 1 customer, likely Verizon. The company is expected to benefit from a recovering market and favorable spending conditions among North American operators, aided by new tax laws. Increased competition from Starlink may also drive network expansion investments, enhancing Ceragon's growth prospects. Koontz is a 4-star analyst with a 50% success rate.
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