Peraso (NASDAQ:PRSO) Receives Buy Rating from Benchmark

Benchmark restated their buy rating on shares of Peraso (NASDAQ:PRSO) in a report released on Monday morning,Benzinga reports. Benchmark currently has a $3.00 price target on the stock.

Peraso Price Performance

Shares of PRSO opened at $1.10 on Monday. The company has a market capitalization of $5.53 million, a P/E ratio of -0.33 and a beta of 0.84. Peraso has a one year low of $0.52 and a one year high of $2.34. The business’s 50 day simple moving average is $0.97 and its 200-day simple moving average is $0.92.

Peraso Company Profile

Peraso Inc, a fabless semiconductor company, develops, markets, and sells semiconductor devices and modules. The company's products include millimeter wavelength (mmWave) ICs, including baseband IC, various mmWave radio frequency, integrated circuits, as well as associated antenna technology; and mmWave antenna modules.