Northland Securities assumed coverage on shares of Casa Systems (NASDAQ:CASA) in a research report report published on Tuesday, January 9th, Marketbeat.com reports. The firm issued an outperform rating and a $25.00 target price on the stock.
Other research analysts have also issued reports about the company. William Blair began coverage on Casa Systems in a report on Tuesday, January 9th. They set an outperform rating on the stock. Morgan Stanley started coverage on Casa Systems in a report on Tuesday, January 9th. They issued an equal weight rating and a $21.00 price objective on the stock. Stifel Nicolaus started coverage on Casa Systems in a report on Tuesday, January 9th. They issued a buy rating and a $23.00 price objective on the stock. Finally, Barclays started coverage on Casa Systems in a report on Tuesday, January 9th. They issued an equal weight rating and a $17.00 price objective on the stock. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Casa Systems presently has an average rating of Buy and an average price target of $22.17.
Casa Systems (NASDAQ CASA) traded up $0.83 during trading hours on Tuesday, hitting $20.51. The company’s stock had a trading volume of 724,300 shares, compared to its average volume of 321,467. Casa Systems has a 52-week low of $13.25 and a 52-week high of $20.51.
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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.
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