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Fly News Breaks for March 14, 2018
LITE, OCLR
Mar 14, 2018 | 06:20 EDT
UBS analyst Tejas Venkatesh upgraded Oclaro (OCLR) to Neutral and raised his price target for the shares to $10.15 from $5 to reflect the takeover by Lumentum (LITE). The analyst thinks the deal could improve industry economics.
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