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Fly News Breaks for February 16, 2016
COMM
Feb 16, 2016 | 06:45 EDT
Raymond James upgraded CommScope to Outperform and established a $24 price target on shares. Analyst Simon Leopold said shares have sold off over 20% year-to-date and have been disproportionately penalized for its leverage. Simon notes large payments are not due for years and expects improved business in second half 2016.
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