William Blair Reaffirms Their Buy Rating on Ribbon Communications Inc

By Carrie Williams

William Blair analyst Dmitry Netis maintained a Buy rating on Ribbon Communications Inc (NASDAQ: RBBN) today. The company’s shares opened today at $6.57.

According to TipRanks.com, Netis is a 4-star analyst with an average return of 9.1% and a 54.3% success rate. Netis covers the Consumer Goods sector, focusing on stocks such as Acacia Communications, Juniper Networks, and Viavi Solutions.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ribbon Communications Inc.

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The company has a one-year high of $9.05 and a one-year low of $4.97. Currently, Ribbon Communications Inc has an average volume of 283.2K.

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Ribbon Communications, Inc. engages in the provision of network solutions to telecommunications, wireless and cable service providers, and enterprises across industry verticals. Its product portfolio includes Ribbon support portal log-in, marketing advantage program, education, professional, subject matter expert, and support services.