Craig-Hallum Lowers Freightos Price Target as Business Model Shifts Toward Platform Strategy
Craig-Hallum reduced its price target on Freightos (CRGO) from $5.00 to $3.00 but kept a Buy rating after management's guidance and messaging on a recent call failed to meet expectations. The shares are trading near a 52-week low as the company transitions from an air-focused transactional play toward a broader, module-based shipping platform that …