Callidus Software (CALD) Receives Price Target

Callidus Software (CALD) : Currently there are 6 street experts covering Callidus Software (CALD) stock. The most bullish and bearish price target for the stock is $31 and $20 respectively for the short term. The average price target of all the analysts comes to $23.17. The estimated standard deviation from the target is $4.26.

Callidus Software (CALD) : 7 analysts are covering Callidus Software (CALD) and their average rating on the stock is 1.29, which is read as a Strong Buy. 6 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.


Also, Brokerage firm Dougherty & Company downgrades its rating on Callidus Software (NASDAQ:CALD). The shares have been rated Neutral. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on August 3, 2016.

Callidus Software (NASDAQ:CALD): The stock opened at $19.29 on Thursday but the bulls could not build on the opening and the stock topped out at $19.30 for the day. The stock traded down to $18.94 during the day, due to lack of any buying support eventually closed down at $19.21 with a loss of -0.57% for the day. The stock had closed at $19.32 on the previous day. The total traded volume was 475,582 shares.

Callidus Software Inc. is a provider of cloud-based sales, marketing, learning and customer experience solutions. The Companys CallidusCloud enables its customers to accelerate their Lead to Money process with a suite of solutions that identify leads, implement territory and quota plans, enable sales forces, automate bid configuration pricing and quoting, manage contracts, streamline sales compensation and capture customer feedback for competitive advantage. The Company provides a range of services to its customers including professional services, business process outsourcing services, maintenance and technical support services, and education services. Territory and Quota helps customers evaluate their territory, quota distribution plans and strategies for meeting corporate sales goals.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.