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Callidus Software Inc. (NASDAQ:CALD) stock price target raised to $22.00, reported today by Credit Suisse Group AG

Just yesterday Callidus Software Inc. (NASDAQ:CALD) traded 0.11% higher at $18.88. The company’s 50-day average is $19.73 and its two hundred day average is $18.12. The last stock price close is up 4.20% relative to the 200-day average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same time period. 3,348,938 shares of CALD traded, up from ann avg. volume of 449,758.

Callidus Software Inc. (NASDAQ:CALD) had its estimated target price bumped up to $22 by Credit Suisse Group AG in an issued report released 9/19/2016. The new target price indicates a possible upside of 0.17% based on the company’s last stock close price.

Performance Graph:

Callidus Software Inc. (NASDAQ:CALD)

In addition to Credit Suisse Group AG reporting it’s price target, a total of 10 equity analysts have issued a report on the stock. The 12-month target is $22.20 with three analysts rating the company a strong buy, seven analysts rating the stock a buy, 0 analysts rating the stock a hold, 0 rating the stock to underperform, and lastly 0 analysts rating the stock as sell.

Callidus Software Inc. has a one-year low of $11.48 and a 52 week high of $21.64. CALD’s market capitalization is currently $0.0.

More About Callidus Software Inc. (NASDAQ:CALD)

Callidus Software Inc. (Callidus) is a provider of cloud-based sales, marketing, learning and customer experience solutions. The Company’s CallidusCloud enables its customers to manage 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, among others. Lead to Money is a process designed to help companies respond to the changing role of sales and marketing in the redefined buying cycle. The Company’s Lead to Money suite and technology solutions include Lead, Planning, Enablement, Quotes and Proposals, Contracts, Incentives, Customer Experience and Technology. The Company provides a range of services, which include professional services, business process outsourcing services, maintenance and technical support services, and and education services.

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