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Research analysts at National Bank Financial started coverage on shares of Callidus Capital (TSE:CBL) in a report released on Monday. The firm set an “outperform” rating and a C$22.00 price target on the stock. National Bank Financial’s price target points to a potential upside of 13.70% from the company’s current price.

Shares of Callidus Capital (TSE:CBL) traded up 4.75% on Monday, hitting $18.54. 12,620 shares of the company’s stock traded hands. Callidus Capital has a one year low of $15.46 and a one year high of $17.75. The stock has a 50-day moving average of $16.37 and a 200-day moving average of $16.37.

Callidus Capital Corporation (TSE:CBL) specializes in providing financing solutions for companies that are unable to obtain adequate financing from conventional lending institutions.

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