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In a report released Friday, Barrington Research analyst Ted Moreau initiated coverage on Sonus Networks (NASDAQ: SONS) with a Market Perform rating.
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Moreau believes Sonus Session Border Controller technology will have a lot of potential for the company's future. Sonus re-investing in its business operations for nearly four years has paid off by improving its Session Border Controller. The Barrington analyst likes the performance and confidence in Sonus management.
Barrington projects Sonus operating profit margin to be five percent for the current year and 10 percent operating margins in 2015.