News

Comtech (CMTL) – Can the Current Upswing be Maintained?

Telecoms
0 min read

Friday, June 7, 2019

Comtech Telecommunications (CMTL)

Will a Strong FY2019 Translate into an Even Better FY2020?

Comtech Telecommunications Corp. engages in the design, development, production, and marketing of products, systems, and services for advanced communications solutions in the United States and internationally. It operates in three segments: Telecommunications Transmission, Mobile Data Communications, and RF Microwave Amplifiers. 

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to full report for price target, fundamental analysis and rating.

Solid Quarter, Stock Reacts Positively. Comtech reported strong 3Q19 results, as we highlighted in our June 5, 2019 report. Unlike following the 2Q release, CMTL shares reacted positively to the 3Q news, rising as much as 21% yesterday before closing up nearly 17%.

Strength Across the Board.Comtech is seeing positive business momentum nearly across the board…


Get full report on Channelchek desktop.

*Analyst
certification and important disclosures included in full report. 
NOTE: investment decisions should not be based upon the content of
this research summary.  Proper due diligence is required before
making any investment decision.
 

Share

Inbox Intel from Channelchek.

Informed investors make more money. And it’s all about timing. Get it when it happens.

By clicking submit you are agreeing to the Terms of Use and Privacy Policy
© 2018-2024 Noble Financial Group, Inc. All Rights Reserved. Channelchek is provided at no cost to be used for information purposes only and not as investment advisement.