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OCLR

Oclaro

$8.55

-0.07 (-0.81%)

07:12
10/03/16
10/03
07:12
10/03/16
07:12

Oclaro initiated with a Buy at Jefferies

Jefferies analyst James Kisner initiated Oclaro with a Buy and a $11.25 price target. The analyst expects Oclaro to benefit form strong demand strong demand over the next couple of years driven by multiple secular drivers, including Verizon's metro 100G deployment in the US, China's network buildouts, and robust growth within and between data centers at Web 2.0/hyperscale companies.

  • 08

    Nov

  • 15

    Nov

OCLR Oclaro
$8.55

-0.07 (-0.81%)

09/06/16
NEED
09/06/16
NO CHANGE
Target $20
NEED
Strong Buy
Needham remains a buyer of NeoPhotonics ahead of analyst day
Needham analyst Alex Henderson believes NeoPhotonics (NPTN) is "exceptionally well positioned" for strong results over the next 3-4 quarters. The analyst "aggressively recommends" investors Buy NeoPhotonics' shares before the company's analyst day on September 8. Further, Henderson thinks Acacia's (ACIA) over $4B market cap will likely drive them to be acquisitive, and notes that it may seek to reduce costs as a percent of revenues by a potential acquisition of, for example, NeoPhotonics or Oclaro (OCLR). He reiterates a Strong Buy rating and $20 price target on NeoPhotonics' shares.
09/06/16
STFL
09/06/16
NO CHANGE
STFL
Oclaro price target raised to $10 from $7.50 at Stifel
Stifel analyst Patrick Newton expects Oclaro to benefit from strong increases in demand for its 100G product. He thinks that the company's gross margins and CFP2 ACO production can beat expectations. Newton reiterates a Buy rating on the stock.
09/01/16
MKMP
09/01/16
NO CHANGE
Target $10
MKMP
Buy
Oclaro price target raised to $10 from $8 at MKM Partners
MKM Partners analsyt Michael Genovese raised Oclaro's price target to $10 following upbeat management meetings with the CEO and CFO. The analyst increased estimates and said demand is still running ahead of supply. Genovese rates Oclaro a Buy and said it remains a top pick.
08/29/16
PIPR
08/29/16
NO CHANGE
Target $9
PIPR
Overweight
Oclaro price target raised to $9 from $7.50 at Piper Jaffray
Piper Jaffray analyst Troy Jensen raised his price target for Oclaro to $9 saying he believes the company is tracking at or above the high-end of its September quarter guidance. The analyst left recent meetings with management "incrementally more upbeat regarding near-mid term demand trends." He reiterates an Overweight rating on the shares.

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