Finisar Corp (FNSR) Reports In-Line Q1 EPS; Guides Below the Street
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Finisar (FNSR) Price Target Lowered to $20 at Goldman Sachs
September 5, 2014 11:00 AM EDTGoldman Sachs maintained a Neutral rating on Finisar (NASDAQ: FNSR) and reduced its price target to $20.00 (from $23.00). The change follows Q1 results and guidance. Analyst Kent Schofield said guidance creates uncertainly around margin and trends.
"We came away from earnings with increased uncertainty around Finisars near-term revenue growth trajectory and margin... More
Finisar (FNSR) PT, Estimates Cut at Jefferies
September 5, 2014 6:58 AM EDTAfter presciently downgrading the stock a few days ago, Jefferies analyst James Kisner today lowered estimates and his price target on Finisar (NASDAQ: FNSR) to $16.50... More
Stifel Nicolaus Downgrades Finisar (FNSR) to Hold
September 5, 2014 6:43 AM EDTStifel Nicolaus downgraded Finisar (NASDAQ: FNSR) from Buy to Hold and removed its price target (prior $26.00).
For an analyst ratings summary and ratings history on Finisar click here. For more ratings news on Finisar click here.
Shares of Finisar closed at $18.37 yesterday.
... MoreNeedham & Company Downgrades Finisar (FNSR) to Buy
September 5, 2014 6:32 AM EDTNeedham & Company downgraded Finisar (NASDAQ: FNSR) from Strong Buy to Buy with a price target of $25.00 (from $31.00) following Q1 results.
Analyst Alex Henderson said, "We are capitulating our Strong Buy and lowering our rating on FNSR to Buy. We still believe FNSR is... More
Finisar (FNSR) trading halted with news pending
September 4, 2014 4:00 PM EDTFinisar (NASDAQ: FNSR) trading halted with news pending.
... More