Citigroup Maintains Neutral on Comtech Telecom, Lowers Price Target to $11
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Asiya Merchant maintains a Neutral rating on Comtech Telecom (NASDAQ:CMTL) and lowers the price target from $14 to $11.
June 27, 2023 | 11:56 am
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Citigroup analyst Asiya Merchant maintains a Neutral rating on Comtech Telecom (NASDAQ:CMTL) and lowers the price target from $14 to $11.
The lowered price target from $14 to $11 by Citigroup analyst Asiya Merchant indicates a bearish outlook on Comtech Telecom's stock. This may lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100