B of A Securities Maintains Underperform on CommScope Hldg Co, Lowers Price Target to $1
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Tal Liani maintains an Underperform rating on CommScope Hldg Co (NASDAQ:COMM) and lowers the price target from $2 to $1.
March 13, 2024 | 2:35 pm
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B of A Securities has maintained its Underperform rating on CommScope Hldg Co and reduced the price target from $2 to $1.
The reduction in price target by a significant financial institution like B of A Securities, combined with the maintenance of an Underperform rating, suggests a negative outlook for CommScope Hldg Co's stock in the short term. This could lead to decreased investor confidence and a potential decrease in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100