Oclaro (OCLR) Tops Q2 EPS by 2c
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February 6, 2018 6:58 AM EST
Stifel lowered its price target on Oclaro (NASDAQ: OCLR) to $8.00 (from $8.50) while maintaining a Buy rating.
Analyst Patrick Newton commented, "Oclaro reported a F2Q18 (December) beat on both revenue and earnings with guidance bracketing our recently lowered estimates revisions, but missing... More
February 6, 2018 6:09 AM EST
Piper Jaffray lowered its price target on Oclaro (NASDAQ: OCLR) to $8.00 (from $9.00) while maintaining a Overweight rating.
Analyst Troy Jensen remains on the company is is one of the better assets in the optical component space and sees limited downside risk from the current trading levels.
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February 6, 2018 5:43 AM EST
MKM Partners lowered its price target on Oclaro (NASDAQ: OCLR) to $9.00 (from $10.00) while maintaining a Buy rating.
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February 6, 2018 3:39 AM EST
B.Riley/FBR raised its price target on Oclaro (NASDAQ: OCLR) to $8.50 (from $8.25) while maintaining a Buy rating.
Analyst Dave King says Q3 will basically be the trough as headwinds abate and the ramp of new products is driving gross margin expansion.
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