Comtech Telecomm. Given New $32.00 Price Target at JPMorgan Chase & Co. (CMTL)
Research analysts at JPMorgan Chase & Co. upped their price target on shares of Comtech Telecomm. (NYSE:CMTL) from $31.00 to $32.00 in a report released on Monday, Analyst Ratings News reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s price objective points to a potential upside of 19.14% from the stock’s previous close.
Shares of Comtech Telecomm. (NYSE:CMTL) traded up 4.23% on Monday, hitting $26.86. The stock had a trading volume of 273,557 shares. Comtech Telecomm. has a 1-year low of $22.33 and a 1-year high of $27.89. The stock has a 50-day moving average of $24.76 and a 200-day moving average of $25.61. The company has a market cap of $442.1 million and a P/E ratio of 26.57.
Comtech Telecommunications Corp. (NYSE:CMTL) designs, develops and markets products, systems and services for communications solutions.
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