Nomura Instinet analyst Jeffrey Kvaal lowered his price target for CommScope to $17 from $24 saying another negative revision is possible. CommScope's decision to rescind annual guidance after the Arris deal has driven a "wide spread" in consensus 2019 sales estimates, which may now need to be revised lower, Kvaal tells investors in a research note. He believes CommScope consensus estimates face downside risk and keeps a Neutral rating on the shares. The analyst cites the company's lower than expected debt reduction progress for his reduced price target.