JP Morgan Maintains Overweight on Calix, Lowers Price Target to $50
JP Morgan analyst Joseph Cardoso maintains Calix (NYSE:CALX) with a Overweight and lowers the price target from $58 to $50.
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Why It Matters
A big bank analyst still likes Calix but thinks the stock might be worth less money soon. When experts lower their price targets, it means they see risks ahead, so watch how the company performs.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.