Optics tech firm Lumentum buys Oclaro for $1.7 billion

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Go back to Optics tech firm Lumentum buys Oclaro for $1.7 billion

Stifel Reiterates Buy on Lumentum Holdings (LITE) Following Investor Meetings

March 14, 2018 7:03 AM EDT

Stifel reiterated a Buy rating and $79.00 price target on Lumentum Holdings (NASDAQ: LITE) following the company's investor sessions at the 2018 Optical Fiber Communication Conference and Exposition. Discussions focused primarily on 3D sensing, with additional touch points on the Oclaro acquisition, ROADMs, 400G timing,... More

Loop Capital Downgrades Oclaro (OCLR) to Hold Following Acquisition

March 12, 2018 11:02 AM EDT

Loop Capital downgraded Oclaro (NASDAQ: OCLR) from Buy to Hold with a price target of $10.00 after the company agreed to be acquired by LITE.

For an analyst ratings summary and ratings history on Oclaro click here. For more ratings news on Oclaro click here.

Shares of Oclaro closed at $7.85 yesterday.

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Apple (AAPL) PT Maintained at $170 at Bernstein; 'Installed Base Growth of New Phones Looks to be Flat in FY18'

March 12, 2018 7:59 AM EDT

Bernstein maintained its price target on Apple (NASDAQ: AAPL) at $170.00 while maintaining a Market Perform rating, following an update to the company's outlook to reflect installed base growth figures.

Analyst A.M. (Toni) Sacconaghi Jr. affirms his ratings outlook and price target... More