JDS Uniphase Corp (JDSU) Tops Q4 EPS by 1c, Q1 Guidance Misses Views

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Piper Jaffray Downgrades JDS Uniphase (JDSU) to Neutral Following Q4 Results and Weak Guidance

August 13, 2014 7:03 AM EDT

Piper Jaffray downgraded JDS Uniphase (NASDAQ: JDSU) from Overweight to Neutral with a price target of $12.00 (from $14.00) on soft guidance and telco spending delays.

Analyst Troy Jensen commented, "JDSU reported June quarter results ahead of the Street, while issuing FQ1 guidance well below... More

B. Riley Downgrades JDS Uniphase (JDSU) to Neutral

August 13, 2014 6:05 AM EDT

B. Riley downgraded JDS Uniphase (NASDAQ: JDSU) from Buy to Neutral with a price target of $11.75 (from $15.50).

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

Shares of JDS Uniphase closed at $11.91 yesterday.

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