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Rambus (NASDAQ:RMBS) Shares Up 7.4% – Here’s Why
['Michael Walen']
Markets Daily
Approximately 1,525,922 shares traded hands during mid-day trading, a decline of 32% from the average daily volume of 2,235,657 shares.
Rosenblatt Securities reaffirmed a “buy” rating and set a $130.00 price objective on shares of Rambus in a report on Tuesday, October 28th.
Finally, Jefferies Financial Group upgraded shares of Rambus to a “strong-buy” rating in a report on Tuesday, October 28th.
According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $108.14.
Abound Wealth Management acquired a new position in shares of Rambus during the third quarter worth approximately $28,000.