Information Provided By:
Fly News Breaks for June 1, 2017
SONS
Jun 1, 2017 | 07:52 EDT
William Blair analyst Dmitry Netis upgraded Sonus Networks to Outperform after traveling with management. The analyst views the shares as oversold and thinks the Genband merger is being underappreciated by investors. He sees a "highly asymmetric risk/reward equation" from the merger. Netis' bull case has fair value of the combined entity at $13.35, implying 98% upside.
News For SONS From the Last 2 Days
There are no results for your query SONS