Finisar (FNSR) Price Target Lowered to $20 at Goldman Sachs
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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 4:06 PM EDT
Finisar Corp (NASDAQ: FNSR) reported Q1 EPS of $0.32, in-line with the analyst estimate of $0.32. Revenue for the quarter came in at $327.6 million versus the consensus estimate of $320.7 million.
The Company indicated that for the second quarter of fiscal 2015 it currently expects revenues in the range of $305 to $320 million, non-GAAP gross margin of approximately 31% to 32%, non-GAAP... More
September 4, 2014 4:00 PM EDT
Finisar (NASDAQ: FNSR) trading halted with news pending.
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