Needham Reiterates Buy on Calix, Maintains $45 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ryan Koontz reiterates a Buy rating on Calix (NYSE:CALX) and maintains a $45 price target.
July 23, 2024 | 10:48 am
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Needham analyst Ryan Koontz reiterates a Buy rating on Calix and maintains a $45 price target, indicating confidence in the company's future performance.
The reiteration of a Buy rating and the maintenance of a $45 price target by a reputable analyst suggests strong confidence in Calix's future performance. This is likely to positively impact the stock price in the short term as investors may view this as a bullish signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100