In a report released today, Jeff Van Rhee from Craig-Hallum maintained a Buy rating on Cellebrite DI (CLBT – Research Report). The company’s shares closed yesterday at $11.20.
Van Rhee covers the Technology sector, focusing on stocks such as Cellebrite DI, Liveperson, and Rimini Street. According to TipRanks, Van Rhee has an average return of 8.0% and a 46.23% success rate on recommended stocks.
Cellebrite DI has an analyst consensus of Strong Buy, with a price target consensus of $13.38, which is a 19.46% upside from current levels. In a report released on April 1, Bank of America Securities also assigned a Buy rating to the stock with a $13.00 price target.
The company has a one-year high of $12.50 and a one-year low of $5.22. Currently, Cellebrite DI has an average volume of 1.01M.
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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.
