Information Provided By: 
Fly News Breaks for June 13, 2017
FNSR
Jun 13, 2017 | 05:56 EDT
Piper Jaffray analyst Troy Jensen expects Finisar's April quarter results and guidance on Thursday to come in below consensus due to sustained weakness in China. This should not come as a surprise to investors, Jensen tells investors in a pre-earnings research note. He believes China weakness is already factored into the current stock price and that potential commentary regarding 3D sensing demand could "propel the stock higher." Jensen lowered his price target for Finisar shares to $32 from $35 and reiterates an Overweight rating on the name.
News For FNSR From the Last 2 Days
There are no results for your query FNSR
