RBC Capital Upgrades JDS Uniphase (JDSU) to Outperform
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/8/2026
Go back to RBC Capital Upgrades JDS Uniphase (JDSU) to Outperform
September 12, 2014 11:13 AM EDT
Needham & Company analyst Alex Henderson reiterated a Buy rating and raised his price target on JDS Uniphase (NASDAQ: JDSU) to $16.00 (from $14.50) following the company's analyst meeting and news it intends to break the company into two piece
Henderson commented, "Optical Components and Network Service... More
September 10, 2014 4:41 PM EDT
JDS Uniphase Corp (NASDAQ: JDSU) resumed trading and is trading up 12.4% after announcing plans to split into two companies: An optical components and commercial lasers company (CCOP) and A network and service enablement company (NSE).
...
More
September 10, 2014 4:09 PM EDT
JDS Uniphase Corp (NASDAQ: JDSU) announced its Board of Directors has unanimously approved a plan to separate JDSU into two publicly traded companies:
An optical components and commercial lasers company (CCOP) consisting of JDSUs current Communications and Commercial Optical Products segment. The CCOP company, with its long-standing reputation for optical innovation and quality, serves a $7.4 billion optical communications market expected to grow at a compounded rate of 11 percent over the next four yearsi. It also addresses an approximate $2.5 billion commercial lasers market, growing at a forecasted 7 percent annuallyii.
A network and service... More
