Sycamore: Credit Suisse Upgrades; Get The Business For Free
Posted on July 29, 2010 at 12:27 PM EDT
Sycamore Networks (SCMR) shares are trading higher today after Credit Suisse analyst Paul Silverstein upped his rating on the company to Outperform from Neutral, lifting his price target to $31, from $22. Silverstein said the upgrade is driven by the company’s new mobile broadbard bandwidth optimization product; but he also [...]