Oclaro (OCLR) PT Lowered to $8 at MKM Partners After Meeting with Management

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Pre-Open Movers 02/06: (UVXY) (VXX) (QTNT) Higher; (CRUS) (CAFD) (LULU) Lower (more...)

February 6, 2018 9:30 AM EST

Today's Pre-Open Movers

ProShares Ultra VIX Short-Term Futures (NASDAQ: UVXY) 32.1% HIGHER; volatility surges back with the market sell-off.

iPath S&P 500 VIX ST Futures ETN (NYSE: VXX) 26.7% HIGHER; volatility surges back with the market sell-off.

Quotient Limited (NASDAQ: QTNT) 15% HIGHER; Reported continued positive progress for the commercial scale-up of MosaiQ and its financial results for its fiscal third quarter and nine months ended December 31, 2017.... More

Oclaro (OCLR) PT Lowered to $5 at UBS

February 6, 2018 7:01 AM EST

UBS lowered its price target on Oclaro (NASDAQ: OCLR) to $5.00 (from $5.50) while maintaining a Sell rating.

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Oclaro (OCLR) PT Lowered to $8 at Stifel

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

Oclaro (OCLR): Possible Recovery On The Horizon - Nomura

February 6, 2018 6:23 AM EST

Goldman Sachs analyst covering Japan steel, nonferrous metals, wire & cable, Yuji Matsumoto, is calling for a possible recovery in Oclaro's (NASDAQ: OCLR) end markets after the company released its Oct-Dec 2017 results.

Sales were in the guidance range but non-GAAP operating profits were... More

Oclaro (OCLR) PT Lowered to $8 at Piper Jaffray

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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Oclaro (OCLR) PT Lowered to $9 at MKM Partners

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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Oclaro (OCLR) PT Raised to $8.50 at B.Riley/FBR Following Q2 Earnings Report

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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