Jefferies Starts JDS Uniphase (JDSU) at Buy
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Price: $10.87 --0%
Rating Summary:
10 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
10 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Jefferies initiates coverage on JDS Uniphase (NASDAQ: JDSU) with a Buy. PT $14.75.
The firm comments, "We believe sentiment around the stock is particularly bearish right now as evidenced by a near-trough valuation. Further, Street estimates are likely too low given numerous new product cycles, including the fledgling gesture recognition opportunity."
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 $10.47 yesterday.
The firm comments, "We believe sentiment around the stock is particularly bearish right now as evidenced by a near-trough valuation. Further, Street estimates are likely too low given numerous new product cycles, including the fledgling gesture recognition opportunity."
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 $10.47 yesterday.
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