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Technology Stocks : SONS
SONS 7.830+2.8%Nov 28 4:00 PM EST

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From: carranza25/29/2007 12:03:02 PM
   of 1575
 
Reuters take of the RJ upgrade. Anyone have the text of the thing?

>>>>May 29 (Reuters) -

SONUS NETWORKS INC. (SONS.O: Quote, Profile , Research)

Current Prior Rating Strong buy Outperform

--Raymond James said the softswitch market offers a compelling long-term investment opportunity and Sonus is in the early stages of a multi-year carrier "cost avoidance" transition.

--The brokerage said the year is shaping up nicely for an accelerated revenue potential for the telecommunications gear maker. Raymond James has a price target of $10 on the stock. (Reporting by Sankalp Saini in Bangalore)
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