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Fly News Breaks for August 1, 2017
COMM
Aug 1, 2017 | 07:05 EDT
After CommScope said that its "overall business environment remains challenging," Wells Fargo thinks that the company's business will start rebounding in 2018. The firm expects the stock "to start working higher" once this potential is reflected in estimates. It believes that the stock's weakness is likely to provide an attractive entry point and keeps an Outperform rating on the shares.
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