11:35 AM EDT, 08/07/2025 (MT Newswires) -- CommScope's ( COMM ) pending sale of its Connectivity and Cable Solutions segment to Amphenol ( APH ) is expected to make CommScope's ( COMM ) financial profile "more attractive," BofA Securities said in a note Thursday.

The CCS sale, expected to close in H1 of 2026, is "another step" in CommScope's ( COMM ) breakup to remove the risk of default and enable the company to pay off its debt, according to the note.

BofA said it expects CommScope's ( COMM ) remaining segments to jointly grow about 9% annually for the next two years and generate about $340 million annual earnings before interest, taxes, depreciation and amortization in 2025. The firm said the residual currently trades as 3x enterprise value/EBITDA, leaving more room for stock upside.

"[We] could see solid long-term catalysts from the restructuring plan and believe revenue could catch up to orders and growth could accelerate as backlog continues to normalize," BofA said.

BofA double upgraded CommScope ( COMM ) to buy from underperform, and raised its price objective to $20 from $4.

Shares of CommScope ( COMM ) were up more than 1% in recent trading Thursday.

Price: 14.61, Change: +0.17, Percent Change: +1.18