Fly News Breaks for August 7, 2019
Aug 7, 2019 | 17:38 EDT
Barclays analyst Tim Long initiated Casa Systems with an Equal Weight rating and a price target of $8. The analyst notes the company's cable equipment end market has been challenging as Multiple-System Operators have reduced their capital spending. The analyst also says that Wireless is an attractive opportunity for Casa Systems, but revenues have been pushed out by development delays.
News For CASA From the Last 2 Days