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Page 10 - Michael Walkley News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Canaccord Genuity Sticks to Their Buy Rating for Calamp Crop (CAMP)

Markets Canaccord Genuity analyst Michael Walkley maintained a Buy rating on Calamp Crop (CAMP – Research Report) yesterday and set a price target of $17.00. The company’s shares closed last Thursday at $11.04. According to TipRanks.com, Walkley is a 5-star analyst with an average return of 24.5% and a 65.5% success rate. Walkley covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, Sequans Communications S A, and Synchronoss Technologies. Currently, the analyst consensus on Calamp Crop is a Moderate Buy with an average price target of $13.33. Based on Calamp Crop’s latest earnings release for the quarter ending November 30, the company reported a quarterly revenue of $88.01 million and GAAP net loss of $23.68 million. In comparison, last year the company earned revenue of $96.6 million and had a GAAP net loss of $7.42 million.

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