RadiSys (RSYS) Could Double Over Next Couple of Years - Jefferies

Jefferies analyst James Kisner reiterated a Buy rating and boosted his price target on RadiSys (NASDAQ: RSYS) to $7.25 (from $6.00) after hosting investor meetings with Jon Wilson, CFO of Radisys.

"We believe RSYS is poised to be a significant beneficiary of a tsunami of change to carrier architectures as they increasingly move away from traditional central office equipment to a software-defined data center architecture," Kisner said. "We believe the stock could easily double over the next couple of years given the magnitude of opportunity presented by these products."

For an analyst ratings summary and ratings history on RadiSys click here. For more ratings news on RadiSys click here.

Shares of RadiSys closed at $4.80 yesterday.

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