Rambus (RMBS) Misses Q2 EPS by 12c

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Go back to Rambus (RMBS) Misses Q2 EPS by 12c

Rambus Inc. (RMBS) PT Lowered to $56 at CFRA

July 30, 2024 8:10 AM EDT

CFRA analyst Angelo Zino lowered the price target on Rambus Inc. (NASDAQ: RMBS) to $56.00 (from $65.00) while maintaining a Hold rating.

The analyst comments "We cut our 12-month target price to $56 from $65, on revised P/E of 23.3x our 2025 EPS estimate, near peers. We... More