Roth MKM lowered the firm’s price target on CareCloud (CCLD) to $1.50 from $3.50 and keeps a Neutral rating on the shares. The firm lowered its 2025 forecasts to a near-flat outlook after “weak” Q4 results, with revenues and adjusted EBITDA coming in below the firm’s forecasts. While Roth assumed cutting its preferred debt burden would allow faster growth, CareCloud views acquisitions as its only viable avenue to accelerate growth, the analyst tells investors in a research note.
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