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UPDATE: Jefferies Raises PT on Calix Following Discussions with Management

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In a report published Monday, Jefferies analyst George C. Notter reiterated a Buy rating on Calix (NYSE: CALX), and raised the price target from $10.50 to $15.00.

In the report, Jefferies noted, “We recently spent time with the Calix management team. Our discussions centered on the refreshed Connect America Fund and the additional momentum that FTTP-based network designs seem to be getting among operators. We continue to like the risk/reward on Calix shares and reiterate our Buy rating.”

Calix closed on Friday at $10.48.

Latest Ratings for CALX

DateFirmActionFromTo
Mar 2021BWS FinancialInitiates Coverage OnSell
Jan 2021Northland Capital MarketsDowngradesOutperformMarket Perform
Oct 2020JefferiesMaintainsBuy

View More Analyst Ratings for CALX
View the Latest Analyst Ratings

 

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Posted-In: George C. Notter JefferiesAnalyst Color Price Target Analyst Ratings

Latest Ratings

StockFirmActionPT
SAMEvercore ISI GroupMaintains1,500.0
SEAutonomous ResearchInitiates Coverage On378.0
ALHCMorgan StanleyInitiates Coverage On36.0
ALHCRaymond JamesInitiates Coverage On30.0
HAEMorgan StanleyDowngrades83.0
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