CommScope: Jefferies still a buyer after trade fair
(CercleFinance.com) - On Monday an analyst at Jefferies confirms a "buy" recommendation on the CommScope share, after the SCTE trade fair for cable professionals.
"Trends should get incrementally better over time and that's also a relative comment given that spending was very soft in 2Q," the broker says in its note.
Meanwhile, the analyst confirms his target price of 16 dollars for the share, against its current price of around 11 dollars.
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