Stratex Networks, Inc. (STXN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Stratex Networks, Inc. (STXN)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: The Ox who wrote (1738)	9/9/2006 12:37:04 AM
From: Rob Preuss	of 1762

Analyst Stephen Ferranti of Stephens Inc maintains his "overweight" rating on Stratex Networks Inc (STXN.NAS). The target price is set to $7. In a research note published yesterday, the analyst mentions that the company is merging HRS' microwave business to form Harris Stratex Networks. The deal is expected to generate $35 million in synergies by FY08, the analyst says. Harris Stratex Networks would have strong global distribution networks and generate above $600 million in revenues, Stephens Inc adds. The macro conditions for microwave equipment are robust, the analyst believes ========= Rob

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next