In a report released today, Tim Long from BMO Capital reiterated a Buy rating on Comtech Telecommunications (NASDAQ: CMTL), with a price target of $37. The company’s shares opened today at $34.74, close to its 52-week high of $36.80.
According to TipRanks.com, Long is a 5-star analyst with an average return of 22.2% and a 70.6% success rate. Long covers the Consumer Goods sector, focusing on stocks such as Hewlett Packard Enterprise, Motorola Solutions, and Ubiquiti Networks.
Comtech Telecommunications has an analyst consensus of Moderate Buy, with a price target consensus of $37.
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The company has a one-year high of $36.80 and a one-year low of $17.11. Currently, Comtech Telecommunications has an average volume of 105.2K.
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Comtech Telecommunications Corp. engages in the design, development, production and market products, systems and services for advanced communications solutions. It operates through the Commercial Solutions and Government Solutions segments.
