Nov 3, 2013
Calix Rating Reiterated by Goldman Sachs Group Inc.
's stock had its "sell" rating reaffirmed by equities research analysts at Goldman Sachs Group Inc. in a research note issued to investors on Wednesday, AnalystRatingsNetwork.com reports.
Vendors' Q4 Outlooks Spooking Market
Cyan and Calix are the latest telecom vendors to offer unexpectedly sour earnings guidance for the fourth quarter of 2013.
Wednesday Sector Laggards: Manufacturing, Agriculture & Farm Products
In trading on Wednesday, manufacturing shares were relative laggards, down on the day by about 2.8%.
Raymond James Downgrades Calix Following Weak 4Q13 Forecast
In a report published Wednesday, Raymond James analyst Simon Leopold downgraded the rating on Calix from Outperform to Market Perform, and removed the $12.50 price target.
Calix to Webcast Three Investor Conferences in November
Calix is a global leader in access innovation. Its Unified Access portfolio of broadband communications access systems and software enables communications service providers worldwide to transform their copper- and fiber-based networks and become the broadband provider of choice to their subscribers.