Navigating 8 Analyst Ratings For Calix
Portfolio Pulse from Benzinga Insights
Calix (NYSE:CALX) has received 8 analyst ratings over the past three months, with 7 being bullish and 1 indifferent. Analysts have set a 12-month price target average of $45.0, up from $40.88. Despite a -24.09% revenue decline, Calix maintains strong net margins and efficient asset management.
September 10, 2024 | 12:01 pm
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Calix has received predominantly bullish analyst ratings, with a 12-month price target average of $45.0, indicating positive sentiment. However, the company faces a -24.09% revenue decline, which may impact short-term performance.
The majority of analysts are bullish on Calix, with a significant increase in the average price target, suggesting positive sentiment. However, the recent revenue decline could pose short-term challenges, though strong net margins and asset management provide some buffer.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100