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After Upgrade, Finisar Leads Optical Networking Stocks Higher (FNSR, JDSU, EXFO, NPTN, OPLK, GLW, OCLR)

Posted by Jason Smith at 11:51AM on July 26th

Shares of Finisar (FNSR), the maker of components used to connect communications networks, are soaring 9% after Citigroup upgraded the stock to “buy” from “hold,” citing valuation and the likelihood of positive earnings revisions going forward. Citi also raised its price…

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Analysts Drill Down On Optical Networking Stocks (INFN, OCLR, FNSR, JDSU, GLW, EXFO, NPTN, OPXT)

Posted by Jason Smith at 12:20PM on July 20th

Shares of Infinera (INFN), the provider of optical networking systems, are surging 7% today after the stock garnered attention from a pair of sell side analysts. MKM Partners boosted its rating on Infinera to “neutral” from “sell” and raised its price…

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Financial Sector Could Give Rally Legs (MON, FDO, GIS, BAC, V, EXFO)

Posted by Geoff Seiler at 5:03PM on June 29th

Stocks rose for a third-straight day, helped by the Greek parliament passing austerity measures despite the violent protests in Athens. We thought the market could pull back on the news after two strong days in anticipation of the vote and…

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Negative Movers: Optical Networking Struggles (EXFO, NGLPF, KBH, EFUT, ASX)

Posted by Eric Monte at 11:07AM on June 29th

The markets are trading narrowly to the upside on Wednesday. This is not helping some Indexes, which are trading lower mostly due to companies reporting poor earnings.

Today’s Negative tickerspy Indexes:

Optical Networking Stocks (down 3.9% today vs S&P 500): The Index…

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Oclaro Soars Despite Weak Guidance (OCLR, EXFO, FNSR, SANM, OPXT, OPLK, JDSU)

Posted by Jason Smith at 1:06PM on April 6th

Shares of optical networking firm Oclaro Inc (OCLR) are surging 6% despite what can only be considered weak fiscal third-quarter revenue guidance offered up by the company yesterday after the market closed. Oclaro slashed its revenue guidance for the quarter to…

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