Craig-Hallum Maintains Buy on Cantaloupe, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst George Sutton maintains a Buy rating on Cantaloupe (NASDAQ:CTLP) but lowers the price target from $13 to $11.
September 11, 2024 | 12:49 pm
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Craig-Hallum's analyst George Sutton continues to recommend buying Cantaloupe (NASDAQ:CTLP) but has reduced the price target from $13 to $11, indicating a more cautious outlook.
The maintained Buy rating suggests continued confidence in Cantaloupe's prospects, but the lowered price target reflects a tempered outlook, possibly due to market conditions or company performance. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100