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flag CommScope's stock hits 52-week high at $8.58 post strong earnings, despite analysts' "Reduce" recommendation.

flag Communication tech firm CommScope saw its stock reach a 52-week high at $8.58, following a strong quarterly report where it beat earnings estimates by $0.07, with EPS of $0.14 and revenue of $1.11 billion. flag Despite the positive earnings, analysts have a "Reduce" consensus recommendation on the stock, with a target price of $4.88. flag The company has a market cap of $1.79 billion and a P/E ratio of 3.03.

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