Roth MKM Maintains Buy on Clearfield, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Scott Searle maintains a Buy rating on Clearfield (NASDAQ:CLFD) but lowers the price target from $47 to $45.
August 02, 2024 | 5:15 pm
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Roth MKM analyst Scott Searle maintains a Buy rating on Clearfield but lowers the price target from $47 to $45.
The maintained Buy rating suggests continued confidence in Clearfield's performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100