Calix Inc (Symbol: CALX) shares recently traded at $49.57, surpassing the average analyst 12-month target price of $49.50. This stock price movement has prompted analysts to reconsider their evaluations, with potential reactions including a downgrade or an upward revision of target prices based on the company’s performance.
Among the six analysts covering Calix, target prices range from $38.00 to $56.00, with an average target established through a consensus approach. The standard deviation of the targets is $6.123, highlighting the variability in analyst expectations.
The current analyst ratings include four Strong Buys, one Buy, and one Hold, with no Sell or Strong Sell ratings. The average rating remains at 1.5, indicating a generally positive outlook toward the stock.
