Cracking The Code: Understanding Analyst Reviews For Calix
Portfolio Pulse from Benzinga Insights
In the last three months, 9 analysts have published ratings on Calix (NYSE:CALX), with 8 being bullish and 1 indifferent. The average 12-month price target is $43.22, down 10.33% from the previous $48.20. Analysts have adjusted their ratings and price targets, reflecting changing market conditions and company performance. Calix has faced a 9.48% decline in revenue growth over the past three months, but maintains strong net margins and efficient asset management.
May 20, 2024 | 2:00 pm
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Calix has received mixed analyst ratings with a predominant bullish sentiment. The average price target has decreased by 10.33% to $43.22. The company faced a 9.48% decline in revenue growth over the past three months, but maintains strong net margins and efficient asset management.
The mixed analyst ratings and the decrease in the average price target suggest a cautious outlook. The decline in revenue growth is a concern, but strong net margins and efficient asset management provide some positive aspects. Overall, the short-term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100