Post Profile

Finisar: Goldman Ups to Buy, Prefers to Lumentum, Acacia

Goldman Sachs’s Doug Clark today writes that there’s still upside in optical components despite huge run-ups in the stocks, though he sees it concentrated in Finisar (FNSR), while the rest are better left alone. Clark raises his rating on shares of Finisar to Buy from Neutral, and raises his price target to $39 from $24, while cutting shares of Lumentum Holdings (LITE) to Sell from Neutral, and maintaining Acaia Communications (ACIA) at Neutral.
read more


Related Posts

FNSR, JDSU: MKM Starts at Buy as Telecom Recovers

Business & Finance / Investing : Tech Trader Daily

MKM Partners’s Michael Genovese this afternoon initiated coverage of fiber optic component vendor Finisar (FNSR) and competitor JDS Uniphase (JDSU) with Buy ratings, writing that both should benefit as a “nearly year-long inventory ...

A Beaten Down Stock That You Should Not Miss: Finisar Corporation (FNSR), Cisco Systems, Inc (CSCO), Ciena Corporation (CIEN)

Business & Finance / Investing : Insider Monkey

I was expecting fiber optics component supplier Finisar Corporation (NASDAQ:FNSR) to lift the pall of gloom surrounding the optical networking industry, but that honor instead went to Ciena Corporation (NASDAQ:CIEN). Ciena Corporati...

Finisar Corporation (FNSR): One Stock That Should Help You Beat the Market

Business & Finance / Investing : Insider Monkey

Last week, optical networking component supplier Finisar Corporation (NASDAQ:FNSR) set the Street on fire after its fourth-quarter results overwhelmed everyone. But, for anyone who was paying close attention to the sector, Finisar C...

Cisco: In the Market for Finisar? Mobile Forecast Shows Exponential Growth through 2018

Business & Finance / Investing : Tech Trader Daily

Shares of Cisco Systems (CSCO) are up 3 cents at $21.82, as a rumor apparently makes the round the company is considering buying fiber optics component vendor Finisar (FNSR) for $27 to $28. Finisar stock is down 33 cents, or 1.5%, a...

Finisar: Raymond James Pounds Table on Data Center Builds

Business & Finance / Investing : Tech Trader Daily

Shares of fiber optics component vendor Finisar (FNSR) are up 48 cents, or 2.1%, at $23.74, after Raymond James‘s Simon Leopold raised his rating on the stock this morning to Strong Buy from Outperform, and reiterated a $29 price ta...


Copyright © 2016 Regator, LLC