Cantaloupe price target raised to $14 from $12 at Barrington

Barrington raised the firm’s price target on Cantaloupe (CTLP) to $14 from $12 and keeps an Outperform rating on the shares. The company’s Q2 report exceeded expectations, the analyst tells investors in a research note. The firm cites Cantaloupe’s positive momentum and solid Q2 results for the target increase.