Roth Capital Believes Callidus Software (NASDAQ: CALD) Won’t Stop Here

By Jason Carr

Roth Capital analyst Richard Baldry reiterated a Buy rating on Callidus Software (NASDAQ: CALD) today and set a price target of $32. The company’s shares opened today at $23.05, close to its 52-week high of $24.10.

According to TipRanks.com, Baldry is a top 100 analyst with an average return of 18.7% and a 71.8% success rate. Baldry covers the Technology sector, focusing on stocks such as Sapiens International Corporation, Interactive Intelligence, and Resaas Services Inc.

Callidus Software has an analyst consensus of Strong Buy, with a price target consensus of $28.50.

The company has a one year high of $24.10 and a one year low of $15.15. Currently, Callidus Software has an average volume of 428.1K.

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Callidus Software, Inc. offers cloud software services. Its product includes CallidusCloud, a software that enables organizations to drive performance and productivity across their business with its Hiring, Learning, Marketing, and Selling clouds. The CallidusCloud product suite provides Software as a Service (SaaS) solution for all aspects of sales effectiveness, including sales hiring, sales enablement and collaboration, CPQ solutions, incentive design and payment, sales coaching and optimization, and learning management including content authoring. The company was founded in 1996 and is headquartered in Dublin, CA.