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 $52.00.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Schmidt covers the Technology sector, focusing on stocks such as BK Technologies, Lantronix, and Aviat Networks. According to TipRanks, Schmidt has an average return of 27.3% and a 52.89% success rate on recommended stocks.
Clearfield has an analyst consensus of Moderate Buy, with a price target consensus of $52.00.
Based on Clearfield’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $49.9 million and a net profit of $1.61 million. In comparison, last year the company earned a revenue of $48.79 million and had a GAAP net loss of $447 thousand
This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.