Peraso’s (PRSO) “Buy” Rating Reaffirmed at Benchmark

Benchmark reissued their buy rating on shares of Peraso (NASDAQ:PRSO) in a research report report published on Monday,Benzinga reports. The brokerage currently has a $3.00 price objective on the stock.

Peraso Price Performance

Shares of NASDAQ PRSO opened at $1.10 on Monday. The firm has a fifty day moving average price of $0.98 and a 200-day moving average price of $0.92. The stock has a market cap of $5.53 million, a PE ratio of -0.33 and a beta of 0.84. Peraso has a 1 year low of $0.52 and a 1 year high of $2.34.

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.