Finisar Corp (FNSR) Reports In-Line Q1 EPS; Guides Below the Street
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September 5, 2014 11:00 AM EDT
Goldman 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
September 5, 2014 6:58 AM EDT
After 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
September 5, 2014 6:43 AM EDT
Stifel 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.
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September 5, 2014 6:32 AM EDT
Needham & 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
September 4, 2014 4:00 PM EDT
Finisar (NASDAQ: FNSR) trading halted with news pending.
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