Needham Reiterates Buy on Clearfield, Maintains $60 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Ryan Koontz has reiterated a 'Buy' rating on Clearfield (NASDAQ:CLFD) and maintained a $60 price target.
August 11, 2023 | 10:32 am
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Clearfield's stock rating has been reiterated as 'Buy' by Needham analyst Ryan Koontz, with a maintained price target of $60.
The reiteration of a 'Buy' rating by a reputable analyst like Ryan Koontz from Needham is a positive signal for Clearfield. The maintained price target of $60 also indicates confidence in the company's stock performance. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100