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Fly News Breaks for September 27, 2019
CAMP
Sep 27, 2019 | 07:06 EDT
Canaccord analyst T. Michael Walkley raised his estimates and price target on CalAmp following strong Q2 results. The analyst believes management continues to execute on its transformation to a stronger mix of recurring revenue with higher margins and sees the growth continuing. Walkley reiterated his Buy rating and raised his price target to $24 from $23 on CalAmp shares.
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