Finisar - FNSR Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Finisar - FNSR

FNSR 23.77

0.0%

Sep 24 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: FJB who wrote (393)	8/16/2011 9:38:19 AM
From: Kirk ©	of 509

Piper Jaffray Reiterates Overweight Rating on Finisar Corporation By Lydia Davis Benzinga Staff Writer August 15, 2011 7:01 AM Piper Jaffray has published a report Finisar Corporation (NASDAQ: FNSR) reiterating the price target and rating for the network equipment producer. In the report, Piper Jaffray wrote, "We believe this will provide a short-term boost for Finisar and other optical suppliers and we continue to believe in the mid-longer term growth prospects of this space. Wireless back-haul and fiber-to-the-home is driving demand for optics in access networks. 40/100G upgrades in the core should re-accelerate with coherent technology coming available. LAN/SAN optics should remain healthy with increasing investments in data centers." Piper Jaffray rated Finisar an Overweight with a price target of $22.00. Finisar Corporation closed Friday at $15.95. benzinga.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next