Calix (CALX) Won CenturyLink (CTL) Business - Jefferies
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Price: $50.47 -3.09%
Rating Summary:
12 Buy, 7 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
12 Buy, 7 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
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Jefferies reiterated a Buy rating and $10.50 price target on Calix (NYSE: CALX) saying based on conversations with industry contacts, they understand that Calix has won CenturyLink’s (NYSE: CTL) Omaha, Nebraska broadband upgrade.
"In our view, this is a significant proof point that Calix is winning new market share on the heritage Qwest side of the account. We continue to like the risk/reward on the stock and reiterate our Buy rating."
For an analyst ratings summary and ratings history on Calix click here. For more ratings news on Calix click here.
Shares of Calix closed at $8.62 yesterday.
"In our view, this is a significant proof point that Calix is winning new market share on the heritage Qwest side of the account. We continue to like the risk/reward on the stock and reiterate our Buy rating."
For an analyst ratings summary and ratings history on Calix click here. For more ratings news on Calix click here.
Shares of Calix closed at $8.62 yesterday.
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