Casa Systems (CASA) Misses Q2 EPS by 3c

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Northland Capital Markets Downgrades Casa Sytems, Inc. (CASA) to Market Perform

August 8, 2022 8:43 AM EDT

Northland Capital Markets analyst Tim Savageaux downgraded Casa Sytems, Inc. (NASDAQ: CASA) from Outperform to Market Perform with a price target of $4.00 (from $6.00).

The analyst comments "Despite fairly solid bookings and apparent clarity on revenue recognition, after a mixed Q2 report CASA... More