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MKM Partners Reiterates Buy as Oclaro (OCLR) Trades Down; Sees Buying Opportunity
May 18, 2016 10:50 AM EDTMKM Partners maintained a Buy rating and $6.50 price target on Oclaro (NASDAQ: OCLR) as shares trade down over the past 3 weeks. OCLR is down 19% despite the company reporting strong results two weeks ago. MKM believes that the issues surrounding the stock are misunderstood,... More
