Shares of CommScope Holding Co Inc (Symbol: COMM) recently traded at $10.07, surpassing the average 12-month analyst target price of $9.67. This milestone prompts speculation on potential analyst reactions, which could include downgrading valuations or raising target prices based on the company’s performance.
Currently, 9 analysts contribute to the average target, with predictions varying from a low of $7.00 to a high of $15.00 and a standard deviation of $2.598. The current analyst ratings include 2 Strong Buy, 0 Buy, 5 Hold, 1 Sell, and 2 Strong Sell ratings, resulting in an average rating of 3.1 on a scale where 1 is Strong Buy and 5 is Strong Sell.
