Roth/MKM Reiterates Buy Rating on Calix (CALX)

Roth/MKM analyst Scott Searle reiterated a Buy rating and $44.00 price target on Calix (NYSE: CALX).

The analyst comments "Last we hosted the management of Calix (Chairman Carl Russo and CFO Cory Sindelar) for a fireside chat to discuss industry trends, BEAD and technology leadership. We come away from the discussion comfortable that June was the bottom with growth resuming at a 1-5% seq pace, while BEAD represents billions of CALX opportunity (likely meaningful in 2026+). We are slightly adjusting our sales ramp (to the lower end of 1-5% range, near-term) but see CALX as extremely attractive."

For an analyst ratings summary and ratings history on Calix click here. For more ratings news on Calix click here.

Shares of Calix closed at $36.03 yesterday.

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