Shares of Peraso Inc. (NASDAQ:PRSO – Get Free Report) were down 3.8% on Monday . The stock traded as low as $0.97 and last traded at $1.01. Approximately 404,038 shares changed hands during mid-day trading, an increase of 119% from the average daily volume of 184,761 shares. The stock had previously closed at $1.05.
Analyst Ratings Changes
Several equities analysts have recently commented on the company. Benchmark restated a “buy” rating and issued a $3.00 price objective on shares of Peraso in a research report on Monday, June 23rd. Wall Street Zen upgraded Peraso to a “hold” rating in a report on Friday, June 27th.
Read Our Latest Stock Report on Peraso
Peraso Trading Down 3.8%
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.
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