Peraso Inc. (NASDAQ:PRSO – Get Free Report)’s share price was down 8.6% during trading on Thursday . The stock traded as low as $1.01 and last traded at $1.06. Approximately 310,232 shares changed hands during mid-day trading, a decline of 27% from the average daily volume of 427,440 shares. The stock had previously closed at $1.16.
Analyst Upgrades and Downgrades
Separately, Benchmark dropped their price target on Peraso from $4.00 to $3.00 and set a “speculative buy” rating on the stock in a research report on Wednesday, November 13th.
Get Our Latest Report on Peraso
Peraso Stock Down 8.6 %
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.
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