Alert: Major Price Advance (11/2/23)-Aviat Networks Inc (NASDAQ: AVNW).

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Aviat Networks Inc (NASDAQ: AVNW) stock closed at $30.59 on 11/2/23 after a major increase of 15.6%. Relative to the market the stock has been weak over the last nine months but has risen 20.8% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, AVNW is expected to continue to be a Value Builder.

Aviat Networks has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Aviat Networks has a good Appreciation Score of 72 but a slightly negative Power Rating of 32, producing the Neutral Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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