Janney Montgomery Reiterates Buy on Tekelec

Analyst Bill Gildea still likes its core business, and suggests investors give management time to show it can steer the Santera unit profitability

Janney Montgomery reiterated its buy rating on Tekelec (TKLC ), as well as its $24 price target on the stock.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.