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Where Does Wall Street Think Comtech Telecommunications Corp (CMTL) Stock Will Go?

Thursday, March 21, 2024 02:01 PM | InvestorsObserver Analysts

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Where Does Wall Street Think Comtech Telecommunications Corp (CMTL) Stock Will Go?

InvestorsObserver is giving Comtech Telecommunications Corp (CMTL) an Analyst Rating Rank of 15, meaning CMTL is ranked higher by analysts than 15% of stocks. The average price target for CMTL is $10.687 and analyst’s rate the stock as a Buy.

Overall Score - 3.2
Wall Street analysts are rating CMTL a Buy today. Find out what this means to you and get the rest of the rankings on CMTL!

Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With Comtech Telecommunications Corp Stock Today?

Comtech Telecommunications Corp (CMTL) stock has fallen -4.91% while the S&P 500 has gained 0.45% as of 2:01 PM on Thursday, Mar 21. CMTL is down -$0.17 from the previous closing price of $3.46 on volume of 632,223 shares. Over the past year the S&P 500 has gained 33.30% while CMTL is down -73.72%. CMTL lost -$1.70 per share the over the last 12 months. Click Here to get the full Stock Report for Comtech Telecommunications Corp stock.

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