NeoPhotonics (NPTN) Tops Q2 EPS by 6c

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B.Riley/FBR Upgrades NeoPhotonics (NPTN) to Buy

August 7, 2018 5:18 AM EDT

B.Riley/FBR upgraded NeoPhotonics (NYSE: NPTN) from Neutral to Buy with a price target of $10.00 (from $6.50).

Analyst Dave Kang cites improving fundamentals for the upgrade. He raises his estimates and thus his PT.

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