Peraso (NASDAQ:PRSO) Rating Increased to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Peraso (NASDAQ:PRSOFree Report) to a hold rating in a report issued on Friday.

Separately, Benchmark reiterated a “buy” rating and issued a $3.00 target price on shares of Peraso in a research note on Monday, June 23rd.

Read Our Latest Stock Report on Peraso

Peraso Stock Down 9.2%

NASDAQ PRSO opened at $1.09 on Friday. The stock has a market capitalization of $5.48 million, a PE ratio of -0.33 and a beta of 0.84. The company has a 50 day moving average price of $1.00 and a two-hundred day moving average price of $0.92. Peraso has a 12-month low of $0.52 and a 12-month high of $2.34.

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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