North America Investment Daily

 
 
 
 
 
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Top Calls
Handheld Devices and Telecommunications Equipment — June Quarter
Previews & September Outlooks: Upgrade Adtran To Buy on Broadband
Stimulus; Motorola Looking at Andriod
Upgrade Adtran to Buy – We are upgrading ADTN to Buy with a Target Price of
$27 (ETR of 22%). We believe the potential for revenue acceleration at ADTN is
significant as the $7.2Bn in Broadband Stimulus funds are spent, given ADTN’s
exposure to tier 2/tier 3 carriers (25% of sales)

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07/02/2009
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