Jefferies Reiterates Bullish Stance on Sonus Networks (SONS) Post Analyst Day
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Price: $8.14 --0%
Rating Summary:
9 Buy, 6 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
Rating Summary:
9 Buy, 6 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
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Jefferies analyst James Kisner reiterated a Buy rating and $5 price target on Sonus Networks, Inc. (NASDAQ: SONS) after an investor day in San Francisco with a very bullish tone and a barrage of positive data points.
Kisner said, "We believe that Sonus is one of the most underappreciated stories in the Technology sector today and plot a potential path to a $10 stock price. We're reiterating our Buy rating."
For an analyst ratings summary and ratings history on Sonus Networks, Inc. click here. For more ratings news on Sonus Networks, Inc. click here.
Shares of Sonus Networks, Inc. closed at $3.44 yesterday.
Kisner said, "We believe that Sonus is one of the most underappreciated stories in the Technology sector today and plot a potential path to a $10 stock price. We're reiterating our Buy rating."
For an analyst ratings summary and ratings history on Sonus Networks, Inc. click here. For more ratings news on Sonus Networks, Inc. click here.
Shares of Sonus Networks, Inc. closed at $3.44 yesterday.
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