Rosenblatt Reinstates Buy on Calix, Maintains $70 Price Target
Portfolio Pulse from richadhand@benzinga.com
Rosenblatt analyst Mike Genovese has reinstated Calix (NYSE:CALX) with a Buy rating and maintains a $70 price target.
July 20, 2023 | 11:08 am
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Calix has been reinstated with a Buy rating by Rosenblatt analyst Mike Genovese, who maintains a $70 price target on the stock.
The reinstatement of a Buy rating by a reputable analyst like Mike Genovese is a positive signal for investors. The maintained price target of $70 indicates that the analyst believes the stock has potential for growth, which could lead to an increase in demand and subsequently, the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100