Lake Street analyst Eric Martinuzzi maintained a Buy rating on Cellebrite DI (CLBT – Research Report) today and set a price target of $11.00. The company’s shares closed last Friday at $11.53.
Martinuzzi covers the Technology sector, focusing on stocks such as Par Technology, Brightcove, and Asure. According to TipRanks, Martinuzzi has an average return of 1.5% and a 42.72% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cellebrite DI with a $12.50 average price target.
The company has a one-year high of $12.50 and a one-year low of $5.28. Currently, Cellebrite DI has an average volume of 871.4K.
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Cellebrite DI (CLBT) Company Description:
Cellebrite offers digital intelligence solutions. Its platform and solutions help law enforcement agencies (police departments, armed services, public defenders, start departments) and enterprise customers to better collect, review, analyze, and manage digital data in legally sanctioned investigations.
Read More on CLBT:
- Cellebrite Announces Participation in Upcoming Investor Conferences
- Netflix upgraded and downgraded: Wall Street’s top analyst calls
- Cellebrite initiated with a Buy at Lake Street
- Cellebrite to Report First-Quarter 2024 Financial Results on May 23, 2024
- Cellebrite price target raised to $16 from $14 at Craig-Hallum
