UPDATE: Raymond James Downgrades Calix Following Weak 4Q13 Forecast
October 30, 2013 at 11:17 AM EDT
In a report published Wednesday, Raymond James analyst Simon Leopold downgraded the rating on Calix (NYSE: CALX ) from Outperform to Market Perform, and removed the $12.50 price target. In the report, Raymond James noted, “We reduce our rating to Market Perform from Outperform on Calix following a surprisingly weak