B Riley Downgrades JDS Uniphase To Neutral

Analysts at B Riley downgraded JDS Uniphase (NASDAQ: JDSU) from Buy to Neutral.

The target price for JDS Uniphase has been lowered from $15.00 to $11.75.

JDS Uniphase shares have dropped 16.30% over the past 52 weeks, while the S&P 500 index has gained 14.74% in the same period.

JDS Uniphase's shares dropped 6.72% to $11.11 in pre-market trading.