UPDATE: Jefferies Initiates Coverage on CommScope on Limited Margin Upside

In a report published Wednesday, Jefferies analyst George C. Notter initiated coverage on CommScope (NASDAQ: COMM ) with a Hold rating and $17.50 price target. In the report, Jefferies noted, “We're initiating research coverage of CommScope with a Hold rating. This is an excellent business. Nonetheless, we're hesitant to recommend