Jefferies analyst George Notter reiterated a Hold rating on Calix Inc (NYSE: CALX) today and set a price target of $6.50. The company’s shares opened today at $7.05.
According to TipRanks.com, Notter is a 4-star analyst with an average return of 10.2% and a 61.0% success rate. Notter covers the Consumer Goods sector, focusing on stocks such as Comtech Telecommunications, Motorola Solutions, and CommScope Holding.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Calix Inc with a $8.25 average price target.
See today’s analyst top recommended stocks >>
Based on Calix Inc’s latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $11.74 million. In comparison, last year the company had a GAAP net loss of $18.99 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Calix, Inc. provides broadband communications access systems and software for fiber and copper-based network architectures that enable communications service providers to transform their networks and connect to their residential and business subscribers.
