Jefferies Raises Price Target on Finisar (FNSR) to $37 Following 2Q Beat and Raise
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MKM Partners Raises Price Target on Finisar (FNSR) to $43 Following 2Q
December 9, 2016 10:52 AM ESTMKM Partners reiterated a Buy rating on Finisar (NASDAQ: FNSR), and raised the price target to $43.00 (from $37.50), following the company's 2Q earnings report. Revenues came in at $370mn, beating the consensus estimates by $6mn. Finisar delivered $0.58 non-GAAP EPS in 2QFY17 compared to estimates that were $0.10-$0.11 lower.
Analyst Michael Genovese commented, "Finisar... More
Finisar (FNSR) Gives Up Early Gains
December 9, 2016 9:53 AM ESTFinisar (NASDAQ: FNSR) gives up early gains. Shares down 1.9% after trading up sharply earlier on positive results, outlook.
... MoreFinisar (FNSR) PT Raised to $44 at Needham & Company, Estimates Raised Sharply
December 9, 2016 7:19 AM ESTNeedham & Company analyst Alex Henderson reiterated a Strong Buy rating and raised his price target on Finisar (NASDAQ: FNSR) to $44.00 (from $42.00)
commented, " The upgrade to 25G/100G has barely even started, yet Finisar is already seeing a major impact. Finisar's results... More
Needham & Company Raises Price Target on Finisar (FNSR) to $44; Reiterates Strong Buy
December 9, 2016 7:17 AM ESTNeedham & Company reiterated a Strong Buy rating on Finisar (NASDAQ: FNSR), and raised the price target to $44.00 (from $42.00). The market is shifting to 100G. However, the lack of 25G NIC cards from Intel and the supply constraints on QSFP28 100G have limited the... More
After-Hours Stock Movers 12/08: (FNSR) (AVGO) (GLPG) Higher; (XTLY) (RH) (DLTH) Lower (more...)
December 8, 2016 6:03 PM ESTToday's After-Hours Movers
Xactly Corporation (NYSE: XTLY) 21.6% LOWER; reported Q3 EPS of ($0.06), $0.07 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $23.9 million versus the consensus estimate of $23.78 million. GUIDANCE: Xactly Corporation sees Q4 2017 EPS of ($0.13)-($0.10). Xactly Corporation sees Q4 2017 revenue of $23.6-24.4 million. Xactly Corporation sees FY2017 EPS of ($0.36)-($0.33). Xactly Corporation sees FY2017 revenue of $94.8-95.6 million.
Restoration Hardware (NYSE: RH) 18.6% LOWER; reported Q3 EPS of $0.20, $0.04 better than the analyst estimate of $0.16.... More
Finisar (FNSR) Tops Q2 EPS by 12c; Guides Above the Street
December 8, 2016 4:03 PM ESTFinisar (NASDAQ: FNSR) reported Q2 EPS of $0.58, $0.12 better than the analyst estimate of $0.46. Revenue for the quarter came in at $369.9 million versus the consensus estimate of $361.99 million.
GUIDANCE:
Finisar sees Q3 2017 EPS of $0.58-$0.64, versus the consensus of $0.48. Finisar sees Q3... More
Trading Radar for 12/8: Finisar (FNSR), Restoration Hardware (RH), Yingli Green Energy (YGE) Report
December 7, 2016 3:19 PM ESTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
8:30am EST
Earnings:
Cherokee (Nasdaq: CHKE) - no Street consensus
Ciena (Nasdaq: CIEN) -... More
