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.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CMTL: