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FundingCommScope downgraded for heavy debt load, ongoing supply-chain concernsCommScope downgraded for heavy debt load, ongoing supply-chain concerns
CommScope is a “good” company with a plan for the future, but the supplier remains under pressure by persistent supply chain constraints coupled by a heavy debt load. That’s a summation from Raymond James, which announced Monday it had downgraded CommScope shares to “underperform” from “market perform” ahead of the company’s Q1 2022 results.
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