AVNW - the S.Alpha author Henrik Alex, who in the past mainly wrote shortseller pieces, has a big "Buy" recommendation out this a.m.:
Here's the blurb:
Aviat Networks: Buy With Both Hands On Impressive Q2 Results And Likely Conservative Guidance
8:11 am, Thu, Feb. 4, 2021, by Henrik Alex
Summary
Microwave transport solutions provider releases blow-out quarterly results and raises full-year guidance.
While updated projections call for a decline in H2 revenues, management pointed to guidance as being conservative.
Company appears substantially undervalued when compared to peers and particularly its closest competitor Ceragon Networks.
Low valuation, no debt, strong free cash flow, decent profitability and a return to year-over-year growth bode well for the shares breaking out to new multi-year highs.
Get long Aviat Networks with a short-term price target of $75