Callidus Software, Inc. (CALD) Tops Q2 EPS by 1c, Offers Q3 & FY Guidance

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Dougherty & Co Downgrades Callidus Software (CALD) to Neutral

August 3, 2016 7:15 AM EDT

Dougherty & Co downgraded Callidus Software (NASDAQ: CALD) from Buy to Neutral and removed its price target (prior $23.00). Analyst Robert Mattson thinks execution risk is increasing.

"Callidus had a decent quarter but once again we are slightly reducing our revenue assumptions and increasing... More