Lazard Capital Comments on DSP Group
Lazard Capital provided color on DSP Group (NASDAQ: DSPG) in a research report published today. Lazard Capital has given DSP Group a Neutral rating.
In the report, Lazard Capital states, "We see limited downside to the stock at these levels due to the fact that the stock is currently trading at 1.4x cash and there is a buyback in place. However, to become more incrementally positive, we need to see growth resume."
Shares of DSP Group were trading at $7.75 at the time of posting, down 6.74% from Monday's market close.
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