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Lake Street covered RadiSys (NASDAQ:RSYS), bumping down its price target to $4.50 earlier today

Yesterday RadiSys (NASDAQ:RSYS) traded -1.95% lower at $3.60. The company’s 50-day moving average is $2.69 and its 200-day moving average is $3.63. The last stock close price is down -58.41% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. 225,598 shares of the stock were exchanged, down from an average trading volume of 357,600

Lake Street bumped down the stock price target of RadiSys (NASDAQ:RSYS) to $4.50 reporting a possible upside of 0.25%.

See Chart Below

RadiSys (NASDAQ:RSYS)

RadiSys has a 52 week low of $1.47 and a 52 week high of $5.81 The company’s market cap is currently $0.

In addition to Lake Street reporting its target price, a total of 6 brokers have issued a report on the stock. The consensus target price is $5.29 with 2 brokers rating the stock a strong buy, 2 brokers rating the stock a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.

Brief Synopsis About RadiSys (NASDAQ:RSYS)

Radisys Corporation (Radisys) is a services acceleration company. The Company's application aware traffic distribution platforms, real-time media processing products and wireless access technologies enable service providers to virtualize and monetize their networks. The Company's products and services are organized into two segments: Software-Systems, and Embedded Products and Hardware Services. The Company's Software-Systems segment consists of three product families: FlowEngine, MediaEngine and CellEngine. Also included in the Software-Systems segment is its Professional Service organization. The Company's Embedded Products and Hardware Services segment provides customers with hardware based products targeted at the communications and healthcare markets. Products within this segment fall under primary categories, including T-Series Advanced Telecommunications Computing Architecture (ATCA) Platforms, Component Object Model (COM) Express and Rackmount Servers, and Other Products.

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