Northland raised the firm’s price target on CommScope (COMM) to $4 from $2 and keeps a Market Perform rating on the shares following the upside seen in the Q4 report and increased calendar year 2025 guidance. The firm still views shares as discounting a $1B EBITDA run rate at current levels, with “little room for multiple expansion,” the analyst tells investors.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COMM:
