Stifel Nicolaus Downgrades Finisar To Hold

Analysts at Stifel Nicolaus downgraded Finisar

from Buy to Hold and removed the target price of $26. Finisar shares have dropped 21.66% over the past 52 weeks, while the S&P 500 index has gained 20.69% in the same period. Finisar's shares fell 4.19% to $17.60 in after-hours trading.