Oclaro (OCLR) PT Lowered to $9 at FBR Capital

Needham & Company Downgrades Oclaro (OCLR) to Buy

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

Craig-Hallum Downgrades Oclaro (OCLR) to Hold

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

Oclaro (OCLR) PT Lowered to $10 at Rosenblatt

Rosenblatt lowered its price target on Oclaro (NASDAQ: OCLR) to $10.00 (from $12.00) while maintaining a Buy rating.

Analyst Jun Zhang lowers the PT following a decrease in estimates to account for concerns related to LR4 inventory and CWDM4 pricing. The analyst also... More

Oclaro (OCLR) PT Lowered to $9 at Piper Jaffray

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

Oclaro (OCLR) Tops Q1 EPS by 2c; Guides Q3 Revs Below

Oclaro (NASDAQ: OCLR) reported Q1 EPS of $0.20, $0.02 better than the analyst estimate of $0.18. Revenue for the quarter came in at $155.6 million versus the consensus estimate of $154.32 million.

GUIDANCE:

Oclaro sees Q2 2018 revenue of $135-143 million, versus the consensus of $159.03... More