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Needham Analysts Take A Positive View On These 4 Optic Stock Picks

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Needham upgraded several optical communication companies on Monday. Optical communication, also known as optical telecommunication, is communication at a distance using light to carry information. It can be performed visually or by using electronic devices.

Below is a list of four companies, all of which were upgraded to Strong Buy, which implies the stocks are expected to dramatically outperform the overall market and/or the return of its peers.

  • Infinera Corp. (NASDAQ: INFN)
  • Lumentum Holdings Inc (NASDAQ: LITE)
  • Oclaro, Inc. (NASDAQ: OCLR)
  • NeoPhotonics Corp (NYSE: NPTN)

Latest Ratings for INFN

DateFirmActionFromTo
Nov 2018Morgan StanleyDowngradesOverweightEqual-Weight
Nov 2018JefferiesUpgradesUnderperformHold
Nov 2018NomuraDowngradesBuyNeutral

View More Analyst Ratings for INFN
View the Latest Analyst Ratings

Posted-In: NeedhamAnalyst Color Upgrades Analyst Ratings

 

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StockFirmActionPT
SHWKeyBancMaintains450.0
ACNCitigroupUpgrades169.0
CGBDJP MorganUpgrades15.5
NLYJP MorganUpgrades10.5
NTNXMorgan StanleyUpgrades58.0
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