Peraso’s (PRSO) Buy Rating Reaffirmed at Benchmark

Benchmark reiterated their buy rating on shares of Peraso (NASDAQ:PRSOFree Report) in a research note published on Monday morning,Benzinga reports. Benchmark currently has a $3.00 target price on the stock.

Peraso Stock Down 5.2%

PRSO stock opened at $1.10 on Monday. Peraso has a twelve month low of $0.52 and a twelve month high of $2.34. The company has a market cap of $5.53 million, a P/E ratio of -0.33 and a beta of 0.84. The business has a fifty day moving average of $0.97 and a 200-day moving average of $0.92.

Peraso Company Profile

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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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