Peraso Inc. (NASDAQ:PRSO – Get Free Report) shares were down 8.6% during trading on Thursday . The company traded as low as $1.01 and last traded at $1.06. Approximately 310,232 shares changed hands during trading, a decline of 27% from the average daily volume of 427,440 shares. The stock had previously closed at $1.16.
Wall Street Analysts Forecast Growth
Separately, Benchmark cut their target price on Peraso from $4.00 to $3.00 and set a “speculative buy” rating on the stock in a research note on Wednesday, November 13th.
Read Our Latest Stock Report on PRSO
Peraso Price Performance
About Peraso
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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