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Fly News Breaks for June 14, 2016
FNSR
Jun 14, 2016 | 09:05 EDT
MKM Partners believes that Finisar has a favorable set-up into its Q4 results on June 16. The firm thinks that the company's results were boosted by strong sales of its 100G products. The firm says the stock could react favorably if the company reports in-line revenue and provides slightly higher than expected Q1 gross margin guidance. However, the firm keeps a Neutral rating on the shares.
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