DA Davidson analyst Mark Kelleher kept his Buy rating and $22 price target on Finisar ahead of its June 14th earnings report, saying that despite the recent weakness, the company's position as "one of the leading optical components manufacturers" offers investors a "good value opportunity". Kelleher points to strong demand for 100G transceivers experienced in the January quarter, but adds that he wants to see better margins achievable through process improvement. He expects Finisar to see more margin pressure over the next couple of quarters, though he also anticipates some stabilization in the company's weak China business.