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This Radcom Analyst Believes Stock Is Poised For A ‘Break Out’ Once Telco Recovers

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Shares of Radcom Ltd (NASDAQ: RDCM) were climbing in early trading on Thursday.

The Paramus, New Jersey-based company is playing a role in helping solve technical issues that are slowing 5G transitions, according to Needham.

The Radcom Analyst: Alex Henderson upgraded the rating for Radcom from Hold to Buy, while establishing a price target of $8.50.

The Radcom Thesis: The company has generated steady growth, expanding its gross and operating margins, even while broadening …

Full story available on Benzinga.com

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