<div id="readability-page-1"><p>03:00 PM EST, 02/11/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:</p><p>We trim our 12-month target price by $3 to $2.50, 17.9x our 2026 EPS estimate, a discount to its 10-year historical average multiple at 20.2x, reflecting our slower growth outlook. We lower our 2026 EPS estimate by $0.21 to $0.14 and set 2027's at $0.25. The company expressed caution regarding its 2026 outlook due to macroeconomic uncertainties, including shifts in investment priorities at U.S. service providers, sustainability of Indian capex intensity, and timing of U.S. federal spending and subsidy programs. Revenue for the fourth quarter of 2025 was below expectations, impacted by customer and project delays. These delays were tied to implementation slowdowns and budget availability issues, pushing revenue recognition to future quarters rather than lost business entirely. There was mention of restructuring at major customers (e.g., Verizon) and within Ribbon itself, leading to delays and near-term impacts on business velocity and expense reductions.</p> <p>MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</p></div>

RBBN

<p>CFRA 已將 Ribbon Communications Inc.的評級從買入下調至持有，並將 12 個月目標價下調至 2.50 美元，原因是增長前景放緩。2026 年的每股收益（EPS）預估下調 0.21 美元至 0.14 美元，2027 年的預估為 0.25 美元。該公司面臨宏觀經濟不確定性，這些因素影響了其前景，包括投資轉移和項目延遲，這些都對 2025 年第四季度的收入產生了影響。主要客户和 Ribbon 內部的重組也導致了延遲和業務速度的降低</p>

研究警報：CFRA 將 Ribbon Communications Inc.的評級從買入下調至持有