Comtech Telecom (CMTL) Announces $5.6M Contract to Provide Messaging Application Support

Comtech Telecom (CMTL) Issues Statement Following Letter From Outerbridge Capital Management LLC

Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, today confirmed receipt of a letter from Outerbridge Capital Management LLC.

The Company issued the following statement:

Comtech maintains regular dialogue with investors, and we are focused on executing our strategic plan to create long-term value for shareholders and all stakeholders. While we disagree with Outerbridges assessment... More

Pre-Open Stock Movers 10/05: (AGFY) (RXDX) (FLUX) Higher; (UPH) (CMTL) (RIDE) Lower (more...)

Pre-Open Stock Movers:

UpHealth, Inc. (NYSE: UPH) 33.7% LOWER; announced the pricing of its previously announced underwritten public offering (the "Offering") of 23,000,000 shares of its common stock, par value $0.0001 per share (the "Common Stock"), at a public offering price of $1.75 per share.

Agrify Corporation (Nasdaq: AGFY)... More

Comtech Telecom (CMTL) PT Lowered to $35 at Jefferies

Jefferies analyst George Notter lowered the price target on Comtech Telecom (NASDAQ: CMTL) to $35.00 (from $36.00) while maintaining a Buy rating.

The analyst commented, "July results looked solid considering remaining COVID-related impacts on the international side of the business and headwinds from US troop withdrawals... More

Noble Capital Downgrades Comtech Telecom (CMTL) to Market Perform

Noble Capital analyst Joe Gomes downgraded Comtech Telecom (NASDAQ: CMTL) from Outperform to Market Perform.

For an analyst ratings summary and ratings history on Comtech Telecom click here. For more ratings news on Comtech Telecom click here.

Shares of Comtech Telecom closed at $25.50 yesterday.