Critical Insights From Clearfield Analyst Ratings: What You Need To Know
Portfolio Pulse from Benzinga Insights
Over the past three months, analysts have shared mixed opinions on Clearfield (NASDAQ:CLFD), with a general trend towards bullishness. The average 12-month price target has increased to $45.5, reflecting a 6.43% rise. Analysts from Needham, Northland Capital Markets, and Roth MKM have adjusted their ratings and price targets, indicating varied expectations for Clearfield's future performance.
August 05, 2024 | 2:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Analysts have shown a mixed but generally bullish sentiment on Clearfield (NASDAQ:CLFD) over the past three months. The average 12-month price target has increased to $45.5, reflecting a 6.43% rise. Analysts from Needham, Northland Capital Markets, and Roth MKM have adjusted their ratings and price targets, indicating varied expectations for Clearfield's future performance.
The increase in the average 12-month price target and the majority of bullish ratings suggest a positive short-term impact on Clearfield's stock price. The adjustments by analysts from reputable firms like Needham and Northland Capital Markets further support this outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100