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Fly News Breaks for March 23, 2017
OCLR, FNSR, LITE
Mar 23, 2017 | 06:50 EDT
Jefferies analyst James Kisner raised his price target for Lumentum (LITE) to $62 after holding investor meetings and conducting checks with industry contacts at the OFC trade show. 3D sensing "was the topic du jour," and the tone was "generally quite positive," Kisner tells investors in a research note. He reiterates a Buy ratings on Lumentum, Finisar (FNSR) and Oclaro (OCLR).
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