11:44 AM EDT, 05/23/2025 (MT Newswires) -- Computer Modeling Group reported softer-than-expected fourth-quarter results, reflecting some organic revenue declines, notes BMO.

The company also generated lower perpetual sales this quarter, which can be lumpy quarter to quarter. Still, "CMG represents a solid defensive vehicle, although its customer base does tend to ease spending when commodity prices fall," analyst John Gibson writes.

Price target trimmed to $8 ($9 prior). Reiterate Market Perform.

Price: 6.98, Change: +0.23, Percent Change: +3.41