Benchmark Lowers Peraso (NASDAQ:PRSO) Price Target to $3.00

Peraso (NASDAQ:PRSO) had its price objective decreased by Benchmark from $4.00 to $3.00 in a research note issued to investors on Wednesday,Benzinga reports. Benchmark currently has a speculative buy rating on the stock.

Peraso Stock Up 9.9 %

Shares of PRSO stock opened at $0.83 on Wednesday. The firm’s fifty day simple moving average is $1.48 and its 200 day simple moving average is $1.43. Peraso has a 1 year low of $0.73 and a 1 year high of $11.20.

Peraso Company Profile

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.