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Fly News Breaks for February 14, 2018
COMM
Feb 14, 2018 | 04:47 EDT
Barclays analyst Amir Rozwadowski upgraded CommScope to Overweight and raised his price target for the shares to $43 from $42. The recent pullback in shares, coupled with data points suggesting an improving demand environment, suggests an attractive risk/reward for the company, Rozwadowski tells investors in a research note. He believes a focus on spectrum deployment and fiber builds should benefit the company on the back of rising U.S. carrier capex.
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