CalAmp Reports Record Fiscal 2016 Third Quarter Financial Results
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Canaccord Genuity Reiterates Buy on Calamp Corp. (CAMP) Following 3Q Beat
December 23, 2015 8:23 AM ESTCanaccord Genuity reiterated a Buy rating on CalAmp Corp. (NASDAQ: CAMP), and raised the price target to $27.00 (from $26.00), following the company's 3Q earnings report. CalAmp reported strong sales of $74.7M and pro-forma EPS of $0.31 versus Canaccord's recently increased $74.0M/$0.29 estimates. 4Q revenue guidance of $75.5M and pro-forma... More
