Fly News Breaks for May 28, 2019
May 28, 2019 | 08:06 EDT
Cowen analyst Paul Silverstein initiated Poly with an Outperform following the merger of Plantronics with Polycom. The analyst expects the company to benefit from the proliferation of cloud-based unified communications and collaboration solutions given its position as a leading enterprise supplier of headsets, desktop phones and audio and video conferencing hardware endpoints. Silverstein has a $67 price target on Poly shares.
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