By: Benzinga
UPDATE: Citigroup Upgrades ADTRAN to Neutral; Execution Removes Bear Case
Citigroup upgraded ADTRAN (NASDAQ: ADTN ) from Sell to Neutral and raised the price target from $12.50 to $23.00. Citigroup said, "Although we still have longer-term concerns regarding growth, broadband access spending is likely to be at least flat to up in 2013 and the incremental data points/news flow for
Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here