Callidus (CALD) Shares Turn Positive as Craig-Hallum Starts at Buy, Sets $8 Target

September 29, 2011 12:17 PM EDT
Get Alerts CALD Hot Sheet
Price: $36.00 --0%

Rating Summary:
    6 Buy, 6 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Shares of Callidus Software (NASDAQ: CALD) have surged into positive territory over just the last few minutes as Craig-Hallum's Chad Bennett initiated coverage on the stock with a Buy rating in an intraday research note. The analyst set an $8 price target on Callidus shares.

With the stock now up 2.5 percent to $4.58, Bennett's new price target suggests potential upside of about 75 percent.

For more ratings news on Callidus Software click here and for the rating history of Callidus Software click here.


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