Oclaro (OCLR) Tops Q2 EPS by 3c; Guides Q3 Revs Above the Street

Go back to Oclaro (OCLR) Tops Q2 EPS by 3c; Guides Q3 Revs Above the Street

Oclaro (OCLR) PT Raised to $15 at Piper Jaffray

February 1, 2017 9:45 AM EST

Piper Jaffray raised its price target on Oclaro (NASDAQ: OCLR) to $15.00 (from $13.00) while maintaining a Overweight rating.

Analyst Troy Jensen commented, "Oclaro reported FQ2 results in-line with the companys positive preannouncement, and provided upbeat FQ3 guidance, with revenues, gross margin and... More