Goldman Sachs Downgrades JDS Uniphase (JDSU) to Neutral, Sees Limited Upside

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Goldman Sachs downgraded JDS Uniphase (NASDAQ: JDSU) from Buy to Neutral but maintained a price target of $14, citing valuation.

Following strong outperformance the firm sees limited upside to their price target and normalized EPS outlook.

For an analyst ratings summary and ratings history on JDS Uniphase click here. For more ratings news on JDS Uniphase click here.

Shares of JDS Uniphase closed at $13.22 yesterday, with a 52 week range of $8.47-$15.17.

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