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Fly News Breaks for June 16, 2017
FNSR
Jun 16, 2017 | 05:32 EDT
Piper Jaffray analyst Troy Jensen says that while Finisar's April quarter and July quarter guidance came in below consensus, the company's comments regarding volume 3D sensing orders starting in the October quarter will likely drive the stock higher. He believes Finisar's risk/reward "looks compelling" and reiterates an Overweight rating on the shares with a $32 price target.
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