Expert Ratings for CalAmp
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for CalAmp (NASDAQ:CAMP) in the last quarter, with 2 bullish, 1 indifferent, and 1 bearish. The average price target is $2.7, implying an upside from the current price of $0.6401. However, this average has decreased by 31.12% from the previous average price target of $3.92.
August 29, 2023 | 4:00 pm
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Mixed analyst ratings and a decreased price target could lead to uncertainty for CalAmp's stock.
The mixed analyst ratings indicate differing opinions on the company's performance, which could lead to uncertainty among investors. The decrease in the average price target suggests that analysts have lowered their expectations for the stock, which could negatively impact investor sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100