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News Breaks
December 26, 2012
12:16 EDTJDSU, OPLK, FNSRJDS Uniphase up after analyst predicts better 2013 for optical sector
Optical products maker JDS Uniphase (JDSU) and two of its peers are advancing after Piper Jaffray analyst Troy Jensen forecast that the optical sector's demand trends are likely to improve in 2013. In a note to investors earlier today, Jensen wrote that telecom companies' capital spending is at low levels and some of the largest telecom companies plan to increase their capital expenditures in the future. As a result, optical products makers' sales should be higher than expected in the second half of 2013 as telecom companies expand or upgrade their network infrastructure, the analyst believes. JDS Uniphase should also benefit from market share gains, added Jensen, who increased his price target on the stock to $16 from $12. The analyst reiterated his Overweight rating on the shares. In early afternoon trading, JDS Uniphase climbed 24c, or 1.82%, to $13.40, while Finisar (FNSR) advanced 1.66% to $15.93 and Oplink (OPLK) rose 0.89% to $15.23.
News For JDSU;FNSR;OPLK From The Last 14 Days
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August 31, 2015
09:07 EDTJDSUB. Riley to hold a tour
Silicon Valley Tech Tour travels throughout the Silicon Valley visiting various local tech companies on August 31-September 3.
August 18, 2015
10:00 EDTFNSROn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Abercrombie & Fitch (ANF) initiated with an Underperform at Wolfe Research... Abiomed (ABMD) initiated with a Buy at CRT Capital... Aeropostale (ARO) initiated with a Peer Perform at Wolfe Research... American Eagle (AEO) initiated with an Outperform, Top Pick at Wolfe Research... American Electric (AEP) initiated with a Buy at Mizuho... Benefitfocus (BNFT) initiated with an Overweight at First Analysis... Blue Buffalo Pet Products (BUFF) initiated with an Equal Weight at Morgan Stanley... Capitala Finance (CPTA) initiated with an Equal Weight at Stephens... Chico's (CHS) initiated with a Peer Perform at Wolfe Research... Children's Place (PLCE) initiated with an Outperform at Wolfe Research... Chimerix (CMRX) initiated with an Outperform at FBR Capital... Ciena (CIEN) initiated with a Market Perform at Northland... Crane (CR) initiated with an Outperform at William Blair... Entergy (ETR) initiated with a Neutral at Mizuho... Express (EXPR) initiated with an Outperform, Top Pick at Wolfe Research... Finisar (FNSR) initiated with a Market Perform at Northland... Francesca's (FRAN) initiated with a Peer Perform at Wolfe Research... Gap (GPS) initiated with an Underperform at Wolfe Research... Infinera (INFN) initiated with an Outperform at Northland... International Game (IGT) initiated with a Buy at Union Gaming... Juno Therapeutics (JUNO) initiated with an Outperform at FBR Capital... L Brands (LB) initiated with a Peer Perform at Wolfe Research... Luca Technologies (LUCA) initiated with an Outperform at Northland... Lumentum (LITE) initiated with an Outperform at Northland... M/A-COM (MTSI) reinstated with a Buy at Jefferies... MRV Communications (MRVC) initiated with an Outperform at Northland... Michael Kors (KORS) initiated with a Peer Perform at Wolfe Research... NN, Inc. (NNBR) initiated with a Buy at Stifel... NeoPhotonics (NPTN) initiated with an Outperform at Northland... Oclaro (OCLR) initiated with an Outperform at Northland... Scientific Games (SGMS) initiated with a Buy at Sterne Agee CRT... SolarCity (SCTY) initiated with a Neutral at UBS... Summit Materials (SUM) initiated with a Neutral at Citi... Tech Data (TECD) initiated with an Underperform at BofA/Merrill... Urban Outfitters (URBN) initiated with a Peer Perform at Wolfe Research... Zumiez (ZUMZ) initiated with an Underperform at Wolfe Research... lululemon (LULU) initiated with a Peer Perform at Wolfe Research.
06:14 EDTFNSRFinisar initiated with a Market Perform at Northland
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