Clearfield, Inc. ( NASDAQ:CLFD – Get Free Report )’s share price crossed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $32.48 and traded as high as $33.53. Clearfield shares last traded at $33.26, with a volume of 116,791 shares.
Analyst Ratings Changes
CLFD has been the subject of several research analyst reports. Weiss Ratings upgraded Clearfield from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, October 8th. Lake Street Capital set a $38.00 price objective on Clearfield in a research report on Thursday, August 6th. Needham & Company LLC dropped their target price on Clearfield from $52.00 to $40.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Finally, Zacks Research cut shares of Clearfield from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 1st. Five equities research analysts have rated the stock with a Buy rating and two have given a Sell rating to the stock. According to MarketBeat.com, Clearfield presently has an average rating of “Hold” and a consensus target price of $41.75.
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