Aviat Networks, Inc. (AVNW) Tops Q4 EPS by 4c; Guides Q1 Revs Below Expectations

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Go back to Aviat Networks, Inc. (AVNW) Tops Q4 EPS by 4c; Guides Q1 Revs Below Expectations

Needham & Company Upgrades Aviat Networks (AVNW) to Buy

September 3, 2014 6:28 AM EDT

Needham & Company upgraded Aviat Networks (NASDAQ: AVNW) from Hold to Buy with a price target of $2.20.

Analyst Richard Valera states, "Aviat's 4QF14 results showed continued progress on top line, bookings and cash usage, but weaker than expected GM. While the lower GM... More