JPMorgan Is Warming To Calamp Corp. (CAMP)

September 20, 2018 6:42 AM EDT
Get Alerts CAMP Hot Sheet
Price: $12.13 -1.3%

Rating Summary:
    10 Buy, 5 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 18 | Down: 11 | New: 8
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JPMorgan analyst, Paul Coster, reiterated his Neutral rating on shares of CalAmp Corp. (NASDAQ: CAMP) and is warming to the stock after the ~8% pullback since early July.

The analyst stated "We anticipate near-term results to benefit from cyclical strength in demand from Caterpillar, commercial fleet operators, construction firms, and government customers". "A solid print and guide, plus a narrative that points to accelerating uptake of one or more of the newer services, and we could get constructive
on this stock".

No change to the price target of $25.

For an analyst ratings summary and ratings history on CalAmp Corp. click here. For more ratings news on CalAmp Corp. click here.

Shares of CalAmp Corp. closed at $22.19 yesterday.

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