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UPDATE: Jefferies Reiterates Buy Rating, Raises PT on RadiSys Corporation on Good Q4 Results

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In a report published Wednesday, Jefferies reiterated its Buy rating on RadiSys Corporation (NASDAQ: RSYS), and raised its price target from $4.00 to $7.00.

Jefferies noted, “Radisys reported Q4 results consistent with their positive pre-announcement on January 14. Guidance was above our (and Street) expectations. Radisys' shares offer a compelling valuation and exposure to very interesting growth opportunities such as VoLTE and small cells. We're reiterating Buy rating.”

RadiSys Corporation closed on Tuesday at $4.21.

Latest Ratings for RSYS

DateFirmActionFromTo
Jul 2018DowngradesBuyNeutral
Jul 2018DowngradesOutperformMarket Perform
Jun 2016MaintainsBuy

View More Analyst Ratings for RSYS
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Posted-In: JefferiesAnalyst Color Price Target Analyst Ratings

 

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StockFirmActionPT
LOWRBC CapitalMaintains129.0
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CRLSunTrust Robinson HumphreyMaintains162.0
CFRSunTrust Robinson HumphreyMaintains105.0
ZYNEJefferiesAssumes11.0
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