B. Riley Securities Initiates Coverage On Comtech Telecom with Buy Rating, Announces Price Target of $18.25
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Mike Crawford has initiated coverage on Comtech Telecom (NASDAQ:CMTL) with a Buy rating and set a price target of $18.25.

December 15, 2023 | 10:23 am
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Comtech Telecom received a Buy rating from B. Riley Securities with a price target of $18.25, indicating a positive outlook from the analyst.
The initiation of coverage by B. Riley Securities with a Buy rating typically suggests a positive outlook on the stock's future performance. The specific price target of $18.25 provides a clear expectation of growth, which can influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100