ADTRAN

First quarter earnings begin to trickle in as Alcoa kicks off the new earnings season this week. It will be followed in short order by results from Google, JP Morgan, Wells Fargo and others. Investors looking for signs indicating how first-quarter earnings will shake out may be pleased with the...

The new earnings season gets underway this week when Alcoa (NYSE: AA) posts its third-quarter results on Tuesday. The rest of the week will bring results from Google (NASDAQ: GOOG), JPMorgan Chase (NYSE: JPM), Mattel (NYSE: MAT) and PepsiCo (NYSE: PEP). Analysts anticipate year-over-year earnings...

Bank of America Merrill Lynch has published a research report on Adtran(NASDAQ: ADTN.) The report notes that Adtran's 2Q11 results exceeded estimates. In the report, Bank of America Merrill Lynch commented, "Broadband Access grew 48% QoQ driven by FTTN (Telmex) and robust uptake for the TA5000,...

Morgan Keegan has published a report on ADTRAN (NASDAQ: ADTN) reporting on Q2 results. The report maintains the rating on ADTRAN with adjusted estimates on the gross margin downward. Morgan Keegan reported that, "We remain positive on the opportunities from tier 1 customers, government stimulus...

Jeffries has published a research report on ADTRAN(NASDAQ: ADTN) with a revised price target of $38.00 for the digital communications company. Q2 expectations were as strong as results for the company, with customers of the company satisfied with results. In the report, Jeffries writes that the...

Morgan Keegan is out with its report today on ADTRAN (NASDAQ: ADTN), maintaining Market Perform. In a note to clients, Morgan Keegan writes, "We maintain our Market Perform rating on ADTRAN; the strength in the growth areas continue to offset the weakness in legacy, which, from an investor...

Morgan Stanley is out with its report today on ADTRAN (NASDAQ: ADTN), maintaining Overweight. In a note to clients, Morgan Stanley writes, "ADTN reported another record high and 7th straight beat with Q2 revs of $184.2M, a solid $5.5M ahead of our slightly below Street estimate of $178.8M, up 11.3...

The new earnings season kicks off this week when Alcoa (NYSE: AA) and Novellus (NASDAQ: NVLS) report second-quarter results on Monday after the closing bell. That is followed by Marriott (NYSE: MAR) and Yum! Brands (NYSE: YUM) on Wednesday, JPMorgan (NYSE: JPM) and Google (NASDAQ: GOOG) on Thursday...

Bank of America provided color on the Telecom Equipment industry in a research report published today. Bank of America Decided to maintain its Buy rating on Juniper (NYSE: JNPR) after a meeting with the company's CEO. The report states, "Juniper CEO Kevin Johnson provided an overview of Juniper's...

Jefferies is out with its report today on ADTRAN (NASDAQ: ADTN), maintaining Hold. In a note to clients, Jefferies writes, "Adtran's business will continue to benefit from strength in wireless backhaul, the TA 5000, Internetworking, and Broadband Stimulus. Nonetheless, we think the risk/reward is...

According to Morgan Keegan, Adtran (NASDAQ: ADTN) first pass Q1:11 results continue to impress. Morgan Keegan reported that ADTRAN reported sales of $165.5 mm, above its $163.2 mm and the Street's $162.8 mm, coming in flat seq. and in line with its prior forecast for “flat to slightly down...

Morgan Keegan has downgraded ADTRAN, Inc. (NASDAQ: ADTN) from Outperform to Market Perform and maintains its $44 price target.

Goldman Sachs has published a research report on ADTRAN, Inc. (NASDAQ: ADTN) after the company reported top- and bottom- line beats in its 4Q, impressing analysts. In the report, Goldman Sachs writes "Adtran's stronger than expected results are largely attributable to services as a new revenue...