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Comtech price target lowered to $9.25 from $12.25 at B. Riley
The Fly

Comtech price target lowered to $9.25 from $12.25 at B. Riley

B. Riley lowered the firm’s price target on Comtech (CMTL) to $9.25 from $12.25 and keeps a Buy rating on the shares. The firm reduced fiscal 2025 revenue and EBITDA estimates, saying Comtech continues to work to implement its strategic transformation toward a pure-play satellite and space communications company.

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