ADTRAN and Deutsche Telekom Look to Ultra Broadband Evolution to Advance the Gigabit Society

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ADTRAN (ADTN) PT Raised to $18 at Cowen Following 2Q Beat

July 20, 2017 7:07 AM EDT

Cowen raised its price target on ADTRAN (NASDAQ: ADTN) to $18.00 (from $16.00) while maintaining a Market Perform rating following the company's 2Q. ADTN reported 2Q EPS of $0.30 (Street was $0.19), driven primarily by margin upside together with better than expected revenue. $184.7M revenue was better than... More

ADTRAN (ADTN) PT Raised to $25 at Needham & Company Following 2Q Report

July 19, 2017 5:14 PM EDT

Needham & Company raised its price target on ADTRAN (NASDAQ: ADTN) to $25.00 (from $24.00) while maintaining a Buy rating following the 2Q report. 2Q revenue was $184.7MM, ahead of consensus of $182.7MM. EPS of $0.30 also exceeded the $0.24 consensus, with a ~$0.01 benefit from a lower tax... More