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Fly News Breaks for January 11, 2018
COMM
Jan 11, 2018 | 06:44 EDT
Citi analyst Stanley Kovler raised his price target for CommScope to $45 saying the telco spending environment is improving ahead of 5G/spectrum deployments by carriers. In addition, tax reform should boost the company's earnings by 10%, Kovler tells investors in a research note. The analyst keeps a Buy rating on the shares.
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