Gigabit Britain Moves Closer to a Reality as Call Flow Deploys ADTRAN-Powered 10Gbps FTTH Infrastructure

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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