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Morgan Stanley Stays Neutral On Lumentum, But Sees Path To Bull Case
Monday, January 14, 2019 - 5:13pm | 386The bullish case for Lumentum Holdings Inc (NASDAQ: LITE) can't me made today, but the optical stock could become more attractive if consensus estimates are lowered, according to Morgan Stanley. The Analyst Analyst Meta Marshall maintains an Equal-weight rating on Lumentum Holdings...
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Should Investors Buy Lumentum After Monday's Plunge? The Street Debates
Tuesday, November 13, 2018 - 1:52pm | 827Shares of Lumentum Holdings Inc (NASDAQ: LITE) plummeted more than 30 percent Monday after revising its guidance lower after an un-named industrial and consumer customer, most likely Apple Inc. (NASDAQ: AAPL), lowered its orders. Here is a summary of how some of the Street's top analysts...
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BlueFin Talks VCSEL 'Drama' Ahead Of Q3 Earnings Season
Wednesday, October 10, 2018 - 2:57pm | 407The VCSEL, or vertical cavity surface-emitting laser, market continues to experience "drama" and BlueFin Research Partners is compiling data and commentary from the VCSEL segment in an attempt to gain a better understanding of market dynamics. The Analyst BlueFin analysts John...
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William Blair: Reports Of Apple-Related Problems At Finisar 'Profoundly Inaccurate'
Thursday, April 5, 2018 - 4:27pm | 438After falling 30 percent since its March 8 third-quarter report, Finisar Corporation (NASDAQ: FNSR) represents an opportunity for investors, according to William Blair. The Analyst William Blair's Dmitry Netis maintains an Outperform rating on Finisar's stock with no...
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Optical Stocks In Focus Following Apple's Deal With Finisar
Wednesday, December 13, 2017 - 2:24pm | 552Apple, Inc. (NASDAQ: AAPL) announced Wednesday a new $390 million investment in vertical-cavity-surface-emitting-laser (VCSEL) supplier Finisar Corporation (NASDAQ: FNSR), sending shares of the stock soaring by 29 percent. Other fiber optic and optics technology stocks are moving in sympathy...
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2 Reasons Goldman Downgraded Finisar
Tuesday, November 7, 2017 - 1:20pm | 359Finisar Corporation (NASDAQ: FNSR)'s 2017 performance has been highlighted by multiple delays in product ramps, including VCSELs for 3D sensing that's being included in Apple Inc. (NASDAQ: AAPL)'s iPhone. The Analyst Goldman Sachs' Doug Clark. The Rating Clark downgraded Finisar...