Analyst Activity – Lake Street Capital Raises Its Price Target On Carbonite (NASDAQ:CARB) to $27.00

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Analyst Ratings For Carbonite (NASDAQ:CARB)

Today, Lake Street Capital raised its price target on Carbonite (NASDAQ:CARB) to $27.00 per share.

Some recent analyst ratings include

  • 10/17/2017-JMP Securities initiated coverage with a Outperform rating.
  • 9/21/2017-Oppenheimer Reiterated Rating of Buy.
  • 9/18/2017-Rosenblatt Securities initiated coverage with a Buy rating.
  • 8/4/2017-Barclays Reiterated Rating of Equal Weight.
  • 3/16/2017-Craig Hallum initiated coverage with a Buy rating.

Recent Insider Trading Activity For Carbonite (NASDAQ:CARB)
Carbonite (NASDAQ:CARB) has insider ownership of 12.20% and institutional ownership of 92.56%.

  • On 2/5/2018 Cassandra Hudson, Insider, sold 9,410 with an average share price of $23.85 per share and the total transaction amounting to $224,428.50.
  • On 2/2/2018 Anthony Folger, CFO, sold 2,458 with an average share price of $23.70 per share and the total transaction amounting to $58,254.60.
  • On 2/2/2018 Cassandra Hudson, CAO, sold 5,252 with an average share price of $24.06 per share and the total transaction amounting to $126,363.12.
  • On 2/2/2018 Danielle Sheer, General Counsel, sold 2,482 with an average share price of $23.70 per share and the total transaction amounting to $58,823.40.
  • On 2/2/2018 Norman Guadagno, SVP, sold 1,134 with an average share price of $23.70 per share and the total transaction amounting to $26,875.80.
  • On 1/12/2018 Norman Guadagno, SVP, sold 1,912 with an average share price of $25.80 per share and the total transaction amounting to $49,329.60.
  • On 1/5/2018 Paul S. Mellinger, SVP, sold 1,940 with an average share price of $25.80 per share and the total transaction amounting to $50,052.00.

Recent Trading Activity for Carbonite (NASDAQ:CARB)
Shares of Carbonite closed the previous trading session at 24.92 up +3.22 14.86% with 519984 shares trading hands.

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