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BofA/Merrill Lynch Upgrades CommScope Holding (COMM) to Buy

May 5, 2015 7:25 AM EDT
Get Alerts COMM Hot Sheet
Price: $0.91 -14.15%

Rating Summary:
    11 Buy, 12 Hold, 3 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 11 | Down: 12 | New: 13
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BofA/Merrill Lynch upgraded CommScope Holding (NASDAQ: COMM) from Neutral to Buy with a price target of $35. Analyst Tal Liani thinks its acquisition of TE Connectivity's BNS business unit will drive significant EPS accretion.

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

Shares of CommScope Holding closed at $29.39 yesterday.



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Definitive Agreement, Tal Liani