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Fly News Breaks for April 27, 2018
CLFD
Apr 27, 2018 | 09:04 EDT
Lake Street analyst Jaeson Schmidt lowered his price target for Clearfield to $14.50 but keeps a Buy rating on the shares. The "muted" spending environment is creating near-term headwinds, Schmidt tells investors in a post-earnings research note. The analyst continues to believe that showing growth at Tier 1 customers is key to driving the stock's multiple "significantly higher."
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