Benchmark Co. analyst David Williams reiterated a Buy rating on Peraso, Inc. (PRSO – Research Report) today and set a price target of $1.50. The company’s shares closed yesterday at $0.57.
Williams covers the Technology sector, focusing on stocks such as Cirrus Logic, Peraso, Inc., and ON Semiconductor. According to TipRanks, Williams has an average return of 12.4% and a 59.56% success rate on recommended stocks.
Peraso, Inc. has an analyst consensus of Moderate Buy, with a price target consensus of $1.50.
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PRSO market cap is currently $11.83M and has a P/E ratio of -0.41.
Based on the recent corporate insider activity of 17 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PRSO in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
MoSys, Inc. focuses on the development and sale of integrated circuits, or ICs, for cloud networking, communications, security appliance, video, monitor and test, data center and computing markets. Its products include blazar accelerator engine ICs, 100G linespeed products, and development kits. The company was founded in September 1991 and is headquartered in San Jose, CA.
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