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Adtran Analyst Ratings

Benzinga ·  Aug 7, 2023 13:54
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
08/07/2023 110.82% Needham → $15 Reiterates Buy → Buy
06/09/2023 68.66% Rosenblatt → $12 Reiterates Buy → Buy
05/19/2023 110.82% Needham → $15 Reiterates Buy → Buy
05/15/2023 124.88% Argus Research $30 → $16 Maintains Buy
05/10/2023 110.82% Needham $21 → $15 Maintains Buy
05/10/2023 68.66% Rosenblatt $16 → $12 Maintains Buy
04/12/2023 124.88% Rosenblatt $23 → $16 Maintains Buy
04/12/2023 82.71% Northland Capital Markets → $13 Downgrades Outperform → Market Perform
04/12/2023 195.15% Needham $28 → $21 Maintains Buy
02/22/2023 335.7% Cowen & Co. $34 → $31 Maintains Outperform
02/22/2023 293.53% Needham → $28 Reiterates → Buy
09/26/2022 265.43% Loop Capital $21 → $26 Upgrades Hold → Buy
09/08/2022 307.59% Rosenblatt $30 → $29 Maintains Buy
08/08/2022 237.32% Goldman Sachs $21 → $24 Maintains Neutral
07/14/2022 293.53% Needham → $28 Initiates Coverage On → Buy
07/11/2022 293.53% Rosenblatt $25 → $28 Maintains Buy
04/12/2022 251.37% Rosenblatt → $25 Initiates Coverage On → Buy
02/23/2022 195.15% Loop Capital → $21 Initiates Coverage On → Hold
08/06/2021 209.21% Goldman Sachs $20 → $22 Maintains Neutral
08/06/2021 307.59% Cowen & Co. → $29 Upgrades Market Perform → Outperform
05/18/2021 181.1% Goldman Sachs → $20 Downgrades Buy → Neutral
05/14/2021 251.37% Argus Research → $25 Upgrades Hold → Buy
02/05/2021 181.1% Needham → $20 Upgrades Hold → Buy
11/04/2020 131.9% Jefferies → $16.5 Upgrades Hold → Buy
04/17/2020 82.71% Goldman Sachs → $13 Upgrades Neutral → Buy
10/10/2019 MKM Partners Downgrades Buy → Neutral
01/29/2019 Needham Downgrades Buy → Hold

What is the target price for Adtran (ADTN)?

The latest price target for Adtran (NASDAQ: ADTN) was reported by Needham on August 7, 2023. The analyst firm set a price target for $15.00 expecting ADTN to rise to within 12 months (a possible 110.82% upside). 14 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Adtran (ADTN)?

The latest analyst rating for Adtran (NASDAQ: ADTN) was provided by Needham, and Adtran reiterated their buy rating.

When is the next analyst rating going to be posted or updated for Adtran (ADTN)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Adtran, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Adtran was filed on August 7, 2023 so you should expect the next rating to be made available sometime around August 7, 2024.

Is the Analyst Rating Adtran (ADTN) correct?

While ratings are subjective and will change, the latest Adtran (ADTN) rating was a reiterated with a price target of $0.00 to $15.00. The current price Adtran (ADTN) is trading at is $7.12, which is within the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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