Market Overview

UPDATE: Stifel Nicolaus Raises PT to $18 JDS Uniphase Corporation Post Analyst Day

Share:
Related JDSU
JDS Uniphase Could Sell Optics Unit Before Spin-Off Date
Benzinga's M&A Chatter for Wednesday October 1, 2014

Stifel Nicolaus maintained JDS Uniphase Corporation (NASDAQ: JDSU) with a Buy rating and raised the price target from $16.00 to $18.00.

Stifel Nicolaus noted, "JDSU hosted an Analyst Day in San Francisco on Thursday, February 14, 2013. We came away from the event comfortable with our positive thesis on the shares, which consists an anticipated rebound in optical communication revenue in 2013, new product leadership for JDSU across both its CCOP and CommTest portfolio, our expectation of significant CommTest operating leverage, and OSP remaining an underappreciated contributor to profitability."

JDS Uniphase Corporation closed at $15.48 on Thursday.

Latest Ratings for JDSU

DateFirmActionFromTo
Jan 2015BarclaysMaintainsEqual-weight
Jan 2015JefferiesMaintainsHold
Nov 2014JefferiesMaintainsHold

View More Analyst Ratings for JDSU
View the Latest Analyst Ratings

Posted-In: Stifel NicolausAnalyst Color Price Target Analyst Ratings

 

Related Articles (JDSU)

Around the Web, We're Loving...

Get Benzinga's Newsletters

Our Experts vs. S&P 500Powered by Benzinga
Marketfy Products Return S&P 500
Morning Profit Maker 42.72% 6.69%
The Option Prophet 91.14% 6.69%
SecretCaps 26.55% 6.69%
Short-Term Trend Trading 11.89% 6.69%
View the highest rated products→