Oclaro (OCLR) Tops Q4 EPS by 3c

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Go back to Oclaro (OCLR) Tops Q4 EPS by 3c

Needham & Company Remains Bullish on Oclaro (OCLR) Following 4Q

August 3, 2017 7:26 AM EDT

Needham & Company reiterated a Strong Buy rating and $14.00 price target on Oclaro (NASDAQ: OCLR) following the company's 4Q. Despite weakness in China and down volumes in the legacy CFP and CFP2 100G Data Comm/client side products, Oclaro managed to deliver upside to careful... More

Oclaro (OCLR) PT Raised to $12.50 at Jefferies

August 3, 2017 6:50 AM EDT

Jefferies raised its price target on Oclaro (NASDAQ: OCLR) to $12.50 (from $12.00) while maintaining a Buy rating.

Analyst James Kisner commented, "FQ4 results were solid with an EPS beat driven by gross margin, likely a relief after negative China commentary from MTSI... More