Goldman Sachs Maintains Sell on CalAmp, Lowers Price Target to $0.35
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Jerry Revich maintains a Sell rating on CalAmp (NASDAQ:CAMP) and has lowered the price target from $0.8 to $0.35.
October 09, 2023 | 12:35 pm
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NEGATIVE IMPACT
Goldman Sachs has maintained a Sell rating on CalAmp and lowered the price target from $0.8 to $0.35, which could negatively impact the stock's price.
The lowered price target by Goldman Sachs indicates a bearish outlook for CalAmp. This could lead to a decrease in the stock's price as investors may sell their shares due to the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100