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Non-Tech : Kirk's Market Thoughts
COHR 143.02+3.5%Nov 19 3:59 PM EST

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To: w0z who wrote (1412)6/13/2014 9:54:30 AM
From: Kirk ©  Read Replies (1) of 26570
 
Finisar price target cut to $27 from $33 at RBC Capital
finance.yahoo.com/news/finisar-price-target-cut-27-110413627.html

RBC Capital reduced its price target on Finisar after the company reported lower than expected EPS. The firm attributes the company's EPS miss to lower margin deals it made, but it thinks the company is seeing good top-line trends in datacom, while telecom revenue declines are moderating. The firm keeps an Outperform rating on the shares.
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