UPDATE: Bank of America Merrill Lynch Initiates Coverage On CommScope On LTE Growth And Data Center Modernization

In a report published Wednesday, Bank of America Merrill Lynch analyst Tal Liani initiated a Buy rating on CommScope (NASDAQ: COMM ) and a price target of $19.00. In the report, Bank of America Merrill Lynch says "We initiate coverage of CommScope with a Buy rating and a $19 PO.