Rosenblatt says Rambus still has room to run

Same call, same swagger

Rosenblatt Securities analyst Kevin Cassidy didn’t rock the boat here: Rambus (RMBS) keeps its Buy rating, and the price target stays parked at $130. No fireworks, no dramatic chop. Just a steady thumbs-up.

Why you should care

When an analyst reiterates a Buy rating, it usually means the thesis is still alive and kicking. For Rambus, that can help keep sentiment warm — especially if the stock has been looking for a fresh catalyst and traders are hunting for any excuse to stay constructive.

The small print that matters

• Analyst: Kevin Cassidy at Rosenblatt Securities
• Rating: Buy
• Target: $130
• TipRanks says Cassidy has a 60.2% success rate and a 27.3% average return over the past year

That last bit is the analyst credibility appetizer. Not a guarantee, obviously, but it’s the kind of stat that makes investors lean in a little more.

Big picture

This isn’t a giant thesis reset. It’s more like a green light staying green. For Rambus holders, the message is: the Street still likes the story, and nobody’s rushing to call the party over.