EXFO PT Raised to $6.00 at RBC Capital (EXFO)
Stock analysts at RBC Capital upped their target price on shares of EXFO (NASDAQ:EXFO) from $5.25 to $6.00 in a report issued on Friday, StockRatingsNetwork reports. The firm currently has a “sector perform” rating on the stock. RBC Capital’s target price points to a potential upside of 9.09% from the stock’s previous close.
Shares of EXFO (NASDAQ:EXFO) traded up 1.48% during mid-day trading on Friday, hitting $5.50. 4,250 shares of the company’s stock traded hands. EXFO has a 52 week low of $3.87 and a 52 week high of $5.93. The stock’s 50-day moving average is $4.99 and its 200-day moving average is $4.72. The company’s market cap is $331.2 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks upgraded shares of EXFO (NASDAQ:EXFO) from an “underperform” rating to a “neutral” rating in a research note to investors on Thursday, July 25th. They now have a $5.00 price target on the stock. Analysts at CIBC reiterated a “sector perform” rating on shares of EXFO (NASDAQ:EXFO) in a research note to investors on Monday, July 8th. They now have a $4.00 price target on the stock. One equities research analyst has rated the stock with a sell rating and seven have issued a hold rating to the company’s stock. EXFO currently has an average rating of “Hold” and an average price target of $4.94.
EXFO Inc (NASDAQ:EXFO) is a provider of next-generation test and service assurance solutions for wireless and wireline network operators and equipment manufacturers.
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