January 18, 2013 at 10:01 AM EST
Jefferies Downgrades Finisar (FNSR), Cuts Price Target
Jefferies & Co analyst James Kisner is making a major negative call on Finisar (NASDAQ:FNSR) downgrading the optical module maker to Underperform from Hold with a Street low $7.50 price target (prev. $14.00). - Checks with Intel suggest the they can now build 100G transceivers at “high volume” and with a “good yield”. Bad news [...] View the full post at: Jefferies Downgrades Finisar (FNSR), Cuts Price Target Related posts: Newly Released Tool From Google Will Help Advertisers Target Audiences eBay Announces Two New Acquisitions, Cuts Workforce by 10% Rate Cuts: How Low Can You Go?
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