Casa Systems Inc (CASA) Given Average Recommendation of “Buy” by Brokerages

Shares of Casa Systems Inc (NASDAQ:CASA) have been given a consensus rating of “Buy” by the nine analysts that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $25.71.

A number of brokerages recently commented on CASA. Barclays reiterated an “equal weight” rating and issued a $25.00 price objective (up from $21.00) on shares of Casa Systems in a research report on Wednesday, March 7th. Stifel Nicolaus lifted their price objective on Casa Systems from $23.00 to $27.00 and gave the stock a “buy” rating in a research report on Wednesday, March 7th. Zacks Investment Research upgraded Casa Systems from a “hold” rating to a “buy” rating and set a $33.00 price objective for the company in a research report on Tuesday, March 13th. Northland Securities began coverage on Casa Systems in a research report on Tuesday, January 9th. They issued an “outperform” rating and a $25.00 price objective for the company. Finally, Morgan Stanley reiterated an “equal weight” rating and issued a $23.00 price objective (up from $21.00) on shares of Casa Systems in a research report on Wednesday, March 7th.

How to Become a New Pot Stock Millionaire

Shares of Casa Systems stock opened at $29.70 on Friday. The company has a debt-to-equity ratio of 5.89, a current ratio of 4.23 and a quick ratio of 3.87. Casa Systems has a 12-month low of $13.25 and a 12-month high of $34.21.

Several institutional investors have recently bought and sold shares of CASA. Summit Partners L P acquired a new position in shares of Casa Systems during the 4th quarter worth about $689,834,000. Clearbridge Investments LLC acquired a new position in shares of Casa Systems during the 4th quarter worth about $14,491,000. Maple Rock Capital Partners Inc. acquired a new position in shares of Casa Systems during the 4th quarter worth about $4,440,000. Monashee Investment Management LLC acquired a new position in shares of Casa Systems during the 4th quarter worth about $2,229,000. Finally, MYDA Advisors LLC acquired a new position in shares of Casa Systems during the 4th quarter worth about $1,598,000. Institutional investors own 54.32% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Casa Systems Inc (CASA) Given Average Recommendation of “Buy” by Brokerages” was originally published by Ticker Report and is the sole property of of Ticker Report. If you are accessing this report on another domain, it was copied illegally and republished in violation of United States and international copyright and trademark laws. The correct version of this report can be read at https://www.tickerreport.com/banking-finance/3299224/casa-systems-inc-casa-given-average-recommendation-of-buy-by-brokerages.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.

Analyst Recommendations for Casa Systems (NASDAQ:CASA)

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.

Latest News

Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Urban Edge Properties  Share Price
Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Urban Edge Properties Share Price
Axon  Receives Daily Media Impact Score of 0.29
Axon Receives Daily Media Impact Score of 0.29
Altra Industrial Motion  to Release Quarterly Earnings on Friday
Altra Industrial Motion to Release Quarterly Earnings on Friday
Avista  Scheduled to Post Earnings on Wednesday
Avista Scheduled to Post Earnings on Wednesday
Matador Resources  to Release Earnings on Wednesday
Matador Resources to Release Earnings on Wednesday
iShares Emerging Markets High Yield Bond ETF  Shares Bought by Bank of New York Mellon Corp
iShares Emerging Markets High Yield Bond ETF Shares Bought by Bank of New York Mellon Corp


© 2006-2018 Ticker Report. Google+.