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A statement released earlier today by Jefferies & Co about CommScope Holding (NDAQ:COMM) bumps the target price to $43.00

Stating a potential upside of 0.14%, Jefferies & Co upped the price target of CommScope Holding (NDAQ:COMM) to $43.00

Previously on 5/26/2017, Nomura reported on CommScope Holding (NDAQ:COMM) increased the target price from $0.00 to $45.00. At the time, this indicated a possible upside of 0.22%.

Yesterday CommScope Holding (NDAQ:COMM) traded 0.06% higher at $37.85. The company’s 50-day moving average is $33.12 and its 200-day moving average is $36.39. The last closing price is up -11.12% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time period. 1,062,508 shares of the stock traded hands, down from an average trading volume of 2,033,740

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CommScope Holding (NDAQ:COMM)

CommScope Holding has a 52 week low of $29.91 and a 52 week high of $42.75 with a P/E ratio of 26.99 The company’s market cap is currently $0.

In addition to Jefferies & Co reporting its stock price target, a total of 12 brokers have issued a research note on the company. The average stock price target is $35.50 with 4 brokers rating the stock a strong buy, 7 brokers rating the stock a buy, 2 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About CommScope Holding (NDAQ:COMM)

CommScope Holding Company, Inc. (CommScope) is a provider of infrastructure solutions for the core, access and edge layers of communications networks. The Company operates through two segments: CommScope Connectivity Solutions (CCS) and CommScope Mobility Solutions (CMS). Its portfolio includes wireless and fiber optic solutions. The Company's solutions are found in the venues and outdoor spaces, including in data centers and buildings of all shapes, sizes and complexities; at wireless cell sites; in telecom central offices and cable head ends; in fiber-to-the-X (FTTX) deployments, and in airports, trains and tunnels. As of December 31, 2016, it served customers in over 100 countries through a network of more than 30 manufacturing and distribution facilities located around the globe. Its customers include global telecommunication operators and enterprise customers, including Fortune 500 enterprises and multi-system operators (MSOs).

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