| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 08/04/2023 | 4.53% | Roth MKM | $8 → $3 | Downgrades | Buy → Neutral |
| 05/05/2023 | 196.17% | EF Hutton | → $8.5 | Reiterates | → Buy |
| 03/20/2023 | 196.17% | EF Hutton | → $8.5 | Initiates Coverage On | → Buy |
| 03/03/2023 | 74.22% | HC Wainwright & Co. | → $5 | Reiterates | → Buy |
What is the target price for CareCloud (CCLD)?
The latest price target for CareCloud (NASDAQ: CCLD) was reported by Roth MKM on August 4, 2023. The analyst firm set a price target for $3.00 expecting CCLD to rise to within 12 months (a possible 4.53% upside). 4 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for CareCloud (CCLD)?
The latest analyst rating for CareCloud (NASDAQ: CCLD) was provided by Roth MKM, and CareCloud downgraded their neutral rating.
When is the next analyst rating going to be posted or updated for CareCloud (CCLD)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of CareCloud, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for CareCloud was filed on August 4, 2023 so you should expect the next rating to be made available sometime around August 4, 2024.
Is the Analyst Rating CareCloud (CCLD) correct?
While ratings are subjective and will change, the latest CareCloud (CCLD) rating was a downgraded with a price target of $8.00 to $3.00. The current price CareCloud (CCLD) is trading at is $2.87, which is out of the analyst's predicted range.