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Fly News Breaks for September 10, 2019
COMM
Sep 10, 2019 | 16:34 EDT
Evercore ISI analyst Amit Daryanani initiated CommScope with an In Line rating and a price target of $12 as part of his broader research note on networking equipment. The analyst is concerned with the company's "heavily cyclical" performance and high leverage, but also sees its recent Arris acquisition as a "wild card".
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