Peraso Inc. (NASDAQ:PRSO – Get Free Report) shares were down 2.4% during mid-day trading on Friday . The stock traded as low as $0.80 and last traded at $0.80. Approximately 16,028 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 394,672 shares. The stock had previously closed at $0.82.
Wall Street Analyst Weigh In
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 note on Wednesday, November 13th.
Check Out Our Latest Stock Analysis on PRSO
Peraso Stock 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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