Analyst Rating Update on Callidus Software (CALD)

Callidus Software (CALD) : Zacks Investment Research ranks Callidus Software (CALD) as 3, which is a Hold recommendation. 7 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. The average broker rating of 8 research analysts is 1.13, which indicates as a Strong Buy.

Callidus Software (CALD) : The consensus price target for Callidus Software (CALD) is $23.13 for the short term with a standard deviation of $3.56. The most optimist securities analyst among the 8 who monitor the stock believes that the stock can reach $31, however, the pessimist price target for the company is $20.

For the current week, the company shares have a recommendation consensus of Buy.


Callidus Software (NASDAQ:CALD): The stock opened at $17.60 on Wednesday but the bulls could not build on the opening and the stock topped out at $18.62 for the day. The stock traded down to $17.25 during the day, due to lack of any buying support eventually closed down at $18.61 with a loss of -6.86% for the day. The stock had closed at $19.98 on the previous day. The total traded volume was 3,784,928 shares.

Callidus Software Inc. is a provider of cloud-based sales, marketing, learning and customer experience solutions. The Companys CallidusCloud enables its customers to accelerate their Lead to Money process with a suite of solutions that identify leads, implement territory and quota plans, enable sales forces, automate bid configuration pricing and quoting, manage contracts, streamline sales compensation and capture customer feedback for competitive advantage. The Company provides a range of services to its customers including professional services, business process outsourcing services, maintenance and technical support services, and education services. Territory and Quota helps customers evaluate their territory, quota distribution plans and strategies for meeting corporate sales goals.

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