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Calix (CALX) was downgraded to a Hold Rating at Northland Securities
In a report released today, from Northland Securities downgraded Calix to a Hold, with a price target of $52.00.
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In addition to Northland Securities, Calix also received a Hold from Northland Securities’s Tim Savageaux in a report issued today. However, on the same day, Rosenblatt Securities reiterated a Buy rating on Calix (NYSE: CALX).
Based on Calix’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $272.45 million and a net profit of $7.21 million. In comparison, last year the company earned a revenue of $206.12 million and had a GAAP net loss of $17.92 million
Read More on CALX:
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- Northland downgrades Calix to Market Perform on gross margin headwinds
- Calix downgraded to Market Perform from Outperform at Northland
- Calix sees 2026 revenue growth 15%-20%
- Closing Bell Movers: Capital One, Interactive Brokers slip after results
- Calix Expands Share Repurchase Authorization by $100 Million
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