Analyst Craig Hallum lowers Cantaloupe's price target from $13 to $11, citing revenue and EPS misses.
Craig Hallum has reduced Cantaloupe's (NASDAQ: CTLP) price target from $13 to $11 while keeping a 'buy' rating, indicating a potential 72.14% upside. The company, which specializes in digital payments for unattended retail, reported an EPS of $0.03, missing estimates, and revenue of $72.66 million, below expectations. Other analysts, including Barrington Research and Northland Securities, maintained 'outperform' ratings with a $10 price target.
September 11, 2024
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