Analysts Offer Insights on Technology Companies: Ceragon Networks (CRNT) and Lyft (LYFT)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Ceragon Networks (CRNT – Research Report) and Lyft (LYFT – Research Report) with bullish sentiments.

Elevate Your Investing Strategy:

• Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Ceragon Networks (CRNT)

Roth MKM analyst Scott Searle maintained a Buy rating on Ceragon Networks yesterday and set a price target of $3.75. The company’s shares closed last Friday at $2.49, close to its 52-week low of $2.33.

According to TipRanks.com, Searle is a 5-star analyst with an average return of 15.4% and a 52.8% success rate. Searle covers the Technology sector, focusing on stocks such as Sequans Communications S A, Smith Micro Software, and Digi International. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ceragon Networks with a $2.92 average price target, which is a 14.5% upside from current levels. In a report issued on September 18, Needham also maintained a Buy rating on the stock with a $3.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Lyft (LYFT)

Benchmark Co. analyst Daniel Kurnos maintained a Buy rating on Lyft today and set a price target of $26.00. The company’s shares closed last Friday at $22.58.

According to TipRanks.com, Kurnos is a 5-star analyst with an average return of 10.3% and a 54.5% success rate. Kurnos covers the NA sector, focusing on stocks such as E. W. Scripps Company Class A, IAC/InteractiveCorp., and Zillow Group Class A. ;'>

Currently, the analyst consensus on Lyft is a Hold with an average price target of $18.82, a -15.8% downside from current levels. In a report issued on September 17, Oppenheimer also maintained a Buy rating on the stock with a $24.00 price target.

Read More on CRNT:

Disclaimer & DisclosureReport an Issue

• Optimistic Outlook for Ceragon Networks: Buy Rating Backed by Market Recovery and Growth Opportunities
• Ceragon Networks Releases Interim Financial Results for Mid-2025
• Ceragon Networks Secures $8 Million Network Modernization Project in EMEA
• Ceragon Networks advances partnership with existing customer
• Ceragon Networks Earnings Call: Mixed Sentiment and Future Prospects