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Fly News Breaks for October 28, 2018
CAMP
Oct 28, 2018 | 19:25 EDT
First Analysis analyst Howard Smith reiterates a Strong Buy rating on CalAmp after meetings with CEO Michael Burdiek increased his conviction that its strong position in wireless IoT and its strategy to enable large enterprises with hardware and, increasingly, recurring services will lead to more consistent growth and a higher-margin profile, which should reward CalAmp shareholders. The analyst has a $29 price target on the shares.
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