Calix (CALX) Won CenturyLink (CTL) Business - Jefferies
Tweet
Share
E-mailGet Alerts CALX Hot Sheet
Price: $39.06 --0%
Rating Summary:
11 Buy, 8 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 7 | Down: 19 | New: 35
Rating Summary:
11 Buy, 8 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 7 | Down: 19 | New: 35
Join SI Premium – FREE
Jefferies reiterated a Buy rating and $10.50 price target on Calix (NYSE: CALX) saying based on conversations with industry contacts, they understand that Calix has won CenturyLink’s (NYSE: CTL) Omaha, Nebraska broadband upgrade.
"In our view, this is a significant proof point that Calix is winning new market share on the heritage Qwest side of the account. We continue to like the risk/reward on the stock and reiterate our Buy rating."
For an analyst ratings summary and ratings history on Calix click here. For more ratings news on Calix click here.
Shares of Calix closed at $8.62 yesterday.
"In our view, this is a significant proof point that Calix is winning new market share on the heritage Qwest side of the account. We continue to like the risk/reward on the stock and reiterate our Buy rating."
For an analyst ratings summary and ratings history on Calix click here. For more ratings news on Calix click here.
Shares of Calix closed at $8.62 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Piper Sandler Downgrades American International Group (AIG) to Neutral
- BofA Securities Downgrades StoneCo Ltd. (STNE) to Neutral
- William Blair: 'We think investors should stay involved in Coinbase'
Create E-mail Alert Related Categories
Analyst Comments, Hot CommentsRelated Entities
Jefferies & Co, Qwest/CenturyTel MergerSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
