JDS Uniphase (JDSU) Tops Q3 EPS by 3c, Q4 Guidance Fall Short

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JDS Uniphase (JDSU) PT Cut to $10 at Piper Jaffray on 'Another Miss and Guide Down'

May 1, 2015 8:09 AM EDT

Piper Jaffray analyst Troy Jensen cut his price target on Neutral-rated JDS Uniphase (NASDAQ: JDSU) to $10.00 (from $12.00) following another miss and guide down.

Jensen commented, "JDSU reported March quarter results below Street expectations, while issuing revenue guidance comfortably below consensus for the... More