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Calix price target raised to $68 from $50 at Craig-Hallum

Craig-Hallum raised the firm’s price target on Calix (CALX) to $68 from $50 and keeps a Buy rating on the shares. The firm highlights the company’s “significant” earnings leverage post the Q2 beat. Calix’s agentic artificial intelligence and international opportunities are expanding, the analyst tells investors in a research note.

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