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May 6, 2014
08:23 EDTJDSUJDSU valuation attractive, says Argus
After JDSU reported weaker than expected Q3 results and the stock tumbled, Argus thinks the company's core businesses should grow about 5% year-over-year in 4Q14. The firm expects the company's core businesses to gain more significant momentum beginning in fiscal 2015. It cut its price target to $15 from $17 but keeps a Buy rating.
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