Rosenblatt Maintains Buy on Calix, Lowers Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Mike Genovese has maintained a 'Buy' rating on Calix (NYSE:CALX) but lowered the price target from $70 to $47.
October 25, 2023 | 11:54 am
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Calix's price target has been lowered from $70 to $47 by Rosenblatt, though the 'Buy' rating is maintained.
The lowering of the price target by Rosenblatt indicates a potential decrease in the short-term value of Calix's stock. However, the maintained 'Buy' rating suggests that the analyst still sees long-term potential in the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100