Information Provided By: 
Fly News Breaks for September 9, 2016
FNSR
Sep 9, 2016 | 08:11 EDT
Stifel analyst Patrick Newton raised his price target on Finisar after the company reported stronger than expected results. The analyst says that "improved mix" and the company's decision to eliminate its low margin wireless business enabled it to increase its gross margin guidance to 34%, well above his 32% estimate. Newton says that his positive thesis on the company is playing out more quickly than expected, and he keeps a Buy rating on the shares.
News For FNSR From the Last 2 Days
There are no results for your query FNSR
