RadiSys Corporation (RSYS)

[Mitshu35]

Jefferies analyst James Kisner reiterated a Buy rating and boosted his price target on RadiSys (NASDAQ: RSYS) to $7.25 (from $6.00) after hosting investor meetings with Jon Wilson, CFO of Radisys.

"We believe RSYS is poised to be a significant beneficiary of a tsunami of change to carrier architectures as they increasingly move away from traditional central office equipment to a software-defined data center architecture," Kisner said. "We believe the stock could easily double over the next couple of years given the magnitude of opportunity presented by these products."

6/17/16