Oclaro (OCLR) Tops Q2 EPS by 4c

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Oclaro (OCLR) PT, Estimates Raised at Needham & Company on 3rd Straight 'Beat and Raise'

February 3, 2016 7:48 AM EST

Needham & Company analyst Alex Henderson reiterated a Buy rating while boosting estimates and his price target on Oclaro (NASDAQ: OCLR) to $5.00 (from $4.50) following another 'beat and raise'.

Henderson commented, "Oclaro strongly "beat and raised" for the third quarter in a row with... More