JDSU on Track to Spin-Off CCOP Business Into Lumentum
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Needham & Company Reiterates Buy on JDS Uniphase (JDSU) Ahead of Lumentum Spin Off
July 13, 2015 10:11 AM EDTNeedham & Company reiterates a Buy rating and $15.00 price target on JDS Uniphase (NASDAQ: JDSU) ahead of Lumentum spin off. JDSU is set to spin off its Optical Components business likely next week with soft trading. Analyst Alex Henderson thinks that investors will prefer Lumentum over... More
