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Technology Stocks : Finisar - FNSR -- Ignore unavailable to you. Want to Upgrade?

To: Sr K who wrote (402)	5/4/2013 1:42:41 PM
From: Kirk ©	Respond to of 509

Finisar Upgraded by Zacks to “Outperform” (FNSR) May 3rd, 2013 - by Patrick Bannon Zacks upgraded shares of Finisar (NASDAQ: FNSR)from a neutral rating to an outperform rating in a research note released on Wednesday morning, Stock Ratings Network.com reports. They currently have $14.60 price target on the stock. A number of other firms have also recently commented on FNSR. Analysts at RBC Capital cut their price target on shares of Finisar from $20.00 to $18.00 in a research note to investors on Monday, April 15th. Separately, analysts at Lazard Capital Markets upgraded shares of Finisar from a neutral rating to a buy rating in a research note to investors on Thursday, April 4th. They now have a $17.00 price target on the stock. Finally, analysts at Jefferies Group reiterated an underperform rating on shares of Finisar in a research note to investors on Monday, March 18th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the company’s stock. Finisar has a consensus rating of Buy and an average price target of $18.06. Shares of Finisar (NASDAQ: FNSR) opened at 12.71 on Wednesday. Finisar has a 52 week low of $10.95 and a 52 week high of $17.14. The stock’s 50-day moving average is currently $13.72. The company has a market cap of $1.188 billion and a P/E ratio of 136.67. Finisar Corporation ( NASDAQ: FNSR) is a provider of optical subsystems and components that is used in data communication and telecommunication applications. dailypolitical.com