Casa Systems (NASDAQ:CASA – Get Rating) had its price target increased by Barclays from $2.50 to $3.00 in a report issued on Thursday, The Fly reports. The firm currently has an equal weight rating on the stock.
Separately, Northland Securities upgraded shares of Casa Systems from a market perform rating to an outperform rating and increased their target price for the stock from $4.00 to $5.00 in a research note on Tuesday, January 17th.
Casa Systems Stock Performance
Shares of CASA stock opened at $1.29 on Thursday. The firm’s 50 day moving average is $3.45 and its 200 day moving average is $3.20. Casa Systems has a 12 month low of $1.27 and a 12 month high of $7.18.
Hedge Funds Weigh In On Casa Systems
Casa Systems Company Profile
Casa Systems, Inc engages in the provision and development of digital cable video and broadband services. Its products include cable, fixed, mobile, optical, Wi-Fi networks, and Casa access devices. The company was founded by Jerry Guo in 2003 and is headquartered in Andover, MA.
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