Oclaro (OCLR) Tops Q1 EPS by 2c; Guides Q3 Revs Below
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November 2, 2017 12:22 PM EDT
FBR Capital analyst Dave Kang lowered his price target on Oclaro (NASDAQ: OCLR) to $9.00 (from $11.75) while maintaining a Buy rating.
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November 2, 2017 7:35 AM EDT
Needham & Company downgraded Oclaro (NASDAQ: OCLR) from Strong Buy to Buy with a price target of $9.00 (from $14.00).
Analyst Alex Henderson noted Oclaro reported an ok quarter, but offered a weak guide. China Oclaro now believes China won't recover until CY182H. They cite... More
November 2, 2017 7:12 AM EDT
Craig-Hallum downgraded Oclaro (NASDAQ: OCLR) from Buy to Hold with a price target of $7.00.
Analyst Richard Shannon cites the poor December guidance motivated by "cloud pauses" and shifts in technology. The analyst believes the company needs next-generation product to generate growth and... More
November 2, 2017 6:13 AM EDT
Piper Jaffray lowered its price target on Oclaro (NASDAQ: OCLR) to $9.00 (from $12.00) while maintaining a Overweight rating.
Analyst Troy Jensen sees an attractive entry point now as demand slowdown impacts the company. The analyst believes the company remains one of the... More
