Thu Sep 19 06:58:51 UTC 2024: ## Peraso (PRSO) Receives Positive Analyst Ratings and Price Targets

**September 19, 2024** – Peraso Inc. (NASDAQ: PRSO), a fabless semiconductor company specializing in millimeter wavelength (mmWave) technology, continues to garner positive attention from analysts.

Benchmark, in a recent research note, reaffirmed their “speculative buy” rating on PRSO with a price target of $4.00. This target represents a potential upside of 189.86% from the current stock price.

LADENBURG THALM/SH SH also initiated coverage on PRSO in June, issuing a “buy” rating and a $3.75 price target.

Despite missing earnings estimates in its recent quarterly report, analysts remain optimistic about Peraso’s future. They anticipate a loss of -3.28 earnings per share for the current year.

Peraso’s focus on mmWave technology positions them in a rapidly growing market, fueled by the demand for high-speed wireless connectivity in applications like 5G, Wi-Fi 6E, and automotive radar.

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