- Lake Street downgrades Callidus Software (NASDAQ:CALD) from Buy to Hold but raises the price target by $6 to $36.
- Analyst Eric Martinuzzi cites the takeover by SAP (NYSE:SAP) in the price target increase.
- Source: Briefing.com.
- Callidus Software shares are up 10.1% to $36.
- Previously: SAP buys Callidus Software for $2.4B (Jan. 30)