Clearfield, Inc. (CLFD) Tops Q3 EPS by 23c

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Northland Downgrades Clearfield (CLFD) to Market Perform, 'move to the sidelines pending greater visibility to resumed growth'

August 4, 2023 6:50 AM EDT

Northland Capital Markets analyst Tim Savageaux downgraded Clearfield (NASDAQ: CLFD) from Outperform to Market Perform with a price target of $45.00.

The analyst comments "We downgrade CLFD shares to MP from OP and maintain our $45 PT after a better than expected FQ3 report... More