Northcoast Research Downgrades Clearfield to Market Perform, Announces $45 Price Target
Portfolio Pulse from richadhand@benzinga.com
Northcoast Research analyst Tim Savageaux has downgraded Clearfield (NASDAQ:CLFD) from Outperform to Market Perform and set a price target of $45.
August 04, 2023 | 3:11 pm
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Clearfield has been downgraded by Northcoast Research from Outperform to Market Perform with a price target of $45.
The downgrade from Outperform to Market Perform by Northcoast Research indicates a less optimistic outlook for Clearfield. This could potentially lead to a decrease in the stock's price in the short term. The price target of $45 provides a benchmark for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100