According to Citi, Oclaro (NASDAQ: OCLR), EPS estimates have been revised.
Citi reported a change in EPS earning from ($0.23) to ($0.46) IN FY12 $0.51 to $0.35 in FY13 set at $0.68 for FY14. PT is set to $9 with a Buy rating.
Oclaro closed yesterday at $5.31.
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