Oclaro (OCLR) Surges as Analyst Speculates About Finisar (FNSR) Takeover

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Needham & Company Reiterates Strong Buy Rating and $14 PT on Oclaro (OCLR); 'Shares are an Exceptional Value'

March 15, 2017 6:35 AM EDT

Needham & Company analyst Alex Henderson reiterates Strong Buy and $14 price target on Oclaro (NASDAQ: OCLR), noting positive commentary from management, as the company offers a strong outlook and exceptional value.

Henderson comments, " Oclaro presented a strong, confident and upbeat outlook even as Neo... More