Comtech Telecommunications Corp. Announces Additional Deployment of Text Messaging to 9-1-1 Across U.S.

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BMO Capital Cuts Price Target on Comtech Telecom (CMTL) to $16 Following 1Q

December 8, 2016 4:26 PM EST

BMO Capital maintained an Outperform rating on Comtech Telecom (NASDAQ: CMTL), and cut the price target to $16.00 (from $18.00), following the company's 1Q earnings report. Reported revenue was $136 million, lower than the consensus estimates of $131 million, owing to weaker Government business compared with our expectations.... More