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Fly News Breaks for April 2, 2019
ARRS, COMM
Apr 2, 2019 | 08:26 EDT
As previously reported, Credit Suisse analyst Sami Badri upgraded CommScope (COMM) to Outperform from Neutral ahead of the acquisition deal closure. The analyst cited fundamental strength in the combined business computed in his updated CommScope-Arris (ARRS) merger model with the Arris acquisition expected to close in April 2019. Badri also raised his price target for CommScore's shares to $34 from $20.
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