Media stories about Casa Systems (NASDAQ:CASA) have trended somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Casa Systems earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.1159506219923 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Several analysts have recently weighed in on the stock. William Blair assumed coverage on shares of Casa Systems in a research note on Tuesday, January 9th. They issued an “outperform” rating for the company. Macquarie assumed coverage on shares of Casa Systems in a research note on Wednesday, January 10th. They issued an “outperform” rating and a $24.00 price target for the company. Stifel Nicolaus increased their price target on shares of Casa Systems from $23.00 to $27.00 and gave the company a “buy” rating in a research note on Wednesday, March 7th. Morgan Stanley reissued an “equal weight” rating and issued a $23.00 price target (up previously from $21.00) on shares of Casa Systems in a research note on Wednesday, March 7th. Finally, Barclays assumed coverage on shares of Casa Systems in a research note on Tuesday, January 9th. They issued an “equal weight” rating and a $17.00 price target for the company. 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 company currently has a consensus rating of “Buy” and a consensus target price of $25.71.
Casa Systems stock opened at $31.42 on Thursday. The company has a current ratio of 4.23, a quick ratio of 3.87 and a debt-to-equity ratio of 5.89. Casa Systems has a fifty-two week low of $13.25 and a fifty-two week high of $34.21.
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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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