Stifel Nicolaus started coverage on shares of Casa Systems (NASDAQ:CASA) in a research report sent to investors on Tuesday, Marketbeat Ratings reports. The firm issued a buy rating and a $23.00 target price on the stock.
Separately, Barclays began coverage on shares of Casa Systems in a report on Tuesday. They set an equal weight rating and a $17.00 target price for the company. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of Buy and an average price target of $22.17.
Shares of Casa Systems (CASA) traded up $0.83 during trading hours on Tuesday, reaching $20.51. 724,314 shares of the company were exchanged, compared to its average volume of 321,467. Casa Systems has a 1 year low of $13.25 and a 1 year high of $20.51.
COPYRIGHT VIOLATION NOTICE: “Casa Systems (CASA) Research Coverage Started at Stifel Nicolaus” was first posted by Ticker Report and is the property of of Ticker Report. If you are accessing this piece of content on another site, it was stolen and republished in violation of international copyright and trademark law. The legal version of this piece of content can be accessed at https://www.tickerreport.com/banking-finance/3136529/casa-systems-casa-research-coverage-started-at-stifel-nicolaus.html.
Casa Systems Company Profile
Casa Systems, Inc is provides a software-centric infrastructure solutions. In addition, the Company offers solutions for next-generation distributed and virtualized architectures in cable operator, fixed telecom and wireless networks. Its products include axyom software platform, delivery platforms, multi-service applications, capacity expansion products.
Receive News & Ratings for Casa Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Casa Systems and related companies with MarketBeat.com's FREE daily email newsletter.