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Fly News Breaks for August 1, 2016
OCLR
Aug 1, 2016 | 06:50 EDT
Piper Jaffray analyst Troy Jensen expects Oclaro to report "impressive results" on August 2. The analyst anticipates revenue and guidance will be above consensus estimates. He believes Oclaro is one of the better positioned optical component suppliers and reiterates an Overweight rating on the shares with a $6.75 price target.
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