Information Provided By:
Fly News Breaks for December 15, 2016
OCLR
Dec 15, 2016 | 10:52 EDT
Stifel analyst Patrick Newton said recent Oclaro management meetings highlighted that the company still sees the potential for very strong revenue growth and margin expansion stemming from its market leading 100G portfolio. Newton continues to believe there is upside to consensus FY17 estimates and views the recent pullback in shares as a buying opportunity. The analyst rates Oclaro a Buy with an $11 price target.
News For OCLR From the Last 2 Days
There are no results for your query OCLR