Oclaro (OCLR) Tops Q4 EPS by 8c; Guides Above the Street
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Qtrex Quantum executives plan to buy up to 2M shares over 12 months
Piper Jaffray Raises Price Target on Oclaro (OCLR) to $7.50 Following 4Q Beat and Raise
August 3, 2016 7:55 AM EDTPiper Jaffray reiterated an Overweight rating on Oclaro (NASDAQ: OCLR), and raised the price target to $7.50 (from $6.75), following the company's 4Q earnings report. Revenues of $125.2M increased 23.9% sequentially. Revenues were $5.6 million higher than the Street, and exceeded the high-end of the companys prior guidance ($115 123M). Oclaros upbeat results were driven by their 100G optical portfolio, which... More
