Calavo Growers Downgraded by Zacks (CVGW)
Calavo Growers (NASDAQ:CVGW) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a report issued on Monday. They currently have a $42.00 price target on the stock. Zacks‘s target price would suggest a potential upside of 7.83% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Wedbush downgraded shares of Calavo Growers from an “outperform” rating to a “neutral” rating in a research note on Friday, August 15th. They now have a $39.00 price target on the stock. Separately, analysts at Lake Street Capital initiated coverage on shares of Calavo Growers in a research note on Wednesday, July 23rd. They set a “buy” rating on the stock.
Calavo Growers (NASDAQ:CVGW) traded up 2.15% on Monday, hitting $38.95. The stock had a trading volume of 38,296 shares. Calavo Growers has a 52 week low of $24.66 and a 52 week high of $39.48. The stock has a 50-day moving average of $36.23 and a 200-day moving average of $33.6. The company has a market cap of $613.9 million and a price-to-earnings ratio of 25.27.
Calavo Growers, Inc (NASDAQ:CVGW) is a provider of value-added fresh food.
To view Zacks’ full report, visit Zacks’ official website.
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