Lake Street Sticks to Their Buy Rating for Clearfield (CLFD)
In a report released today, Jaeson Schmidt from Lake Street maintained a Buy rating on Clearfield, with a price target of $44.00. The company’s shares closed yesterday at $43.00.
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Schmidt covers the Technology sector, focusing on stocks such as Kopin, Powerfleet, and Lantronix. According to TipRanks, Schmidt has an average return of 20.3% and a 47.87% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Clearfield with a $46.00 average price target.
CLFD market cap is currently $595.3M and has a P/E ratio of -332.30.
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