Zacks Investment Research upgraded shares of ZHONE TECH INC (ZHNE) from UNDERPERFORM to NEUTRAL on December 16, 2014, with a target price of $1.80.
Zhone Technologies is developing the industry's first complete line of telecommunications infrastructure products for the local access network. Zhone's products bring end-to-end integration and management to the local loop – from the core to the subscriber's premises – making it possible for carriers and service providers to offer a full suite of managed services while optimizing bandwidth, reducing costs, and speeding up provisioning. Zhone is making the local access network reliable, manageable, and cost effective.
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