Oclaro (OCLR) Offers Prelim. Q2 Results

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Go back to Oclaro (OCLR) Offers Prelim. Q2 Results

Oclaro (OCLR) PT Raised to $13.25 at Jefferies Following 2Q Preannouncement

January 19, 2017 7:14 AM EST

Jefferies raised its price target on Oclaro (NASDAQ: OCLR) to $13.25 (from $11.25) while maintaining a Buy rating. FQ2 revenue is expected to be $153.5-154.0M, at the high end of the prior guidance of $146-154M (Street = $150.5M) due to the strength of... More