Loop Capital Initiates Coverage On Calix with Buy Rating, Announces Price Target of $70
Loop Capital analyst Fahad Najam initiates coverage on Calix (NYSE:CALX) with a Buy rating and announces Price Target of $70.
52 Biggest Movers From Friday
Gainers
Knightscope, Inc. (NASDAQ: KSCP) surged 175.6% to close at $3.40 on Friday. The company, on Thursday, priced its IPO at $10 per share.
Why Are Calix Shares Trading Higher Today?
Cowen analyst Paul Silverstein says Calix Inc's (NYSE: CALX) "solid beat and raises" in Q4 would have been meaningfully better if not for supply chain issues.
Calix Q4 Adj. EPS $0.35 Beats $0.24 Estimate, Sales $172.20M Miss $173.91M Estimate
Calix (NYSE:CALX) reported quarterly earnings of $0.35 per share which beat the analyst consensus estimate of $0.24 by 45.83 percent. This is a 22.22 percent decrease over earnings of $0.45 per share from the same period
Earnings Scheduled For January 26, 2022
Companies Reporting Before The Bell
• Blue Foundry (NASDAQ:BLFY) is projected to report earnings for its fourth quarter.
Northland’s Top 2022 Picks Comprise Adtran, Harmonic – Read Why
Northland analyst Tim Savageaux listed Adtran Inc (NASDAQ: ADTN) as one of his top picks for 2022.
45 Biggest Movers From Yesterday
Gainers
Puxin Limited (NYSE: NEW) shares surged 80% to close at $0.54 on Wednesday after reporting results for the second quarter.
Mid-Afternoon Market Update: Dow Jumps 100 Points; Calix Shares Spike Higher
Toward the end of trading Wednesday, the Dow traded up 0.28% to 36,499.77 while the NASDAQ fell 0.10% to 15,766.70. The S&P also rose, gaining 0.13% to 4,792.54.
