Oclaro Issues Statement Regarding U.S. Department of Commerce Ruling on ZTE

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/28/2026

1. ORCL
2. AVGO
3. CDNS
4. ANT
5. META
6. BA
7. SPY
8. INTC
9. JBLU
10. HOOD

Go back to Oclaro Issues Statement Regarding U.S. Department of Commerce Ruling on ZTE

Needham & Company Reiterates Buy on Oclaro (OCLR) Despite ZTE 'Debacle'

March 9, 2016 7:32 AM EST

Needham & Company reiterated a Buy rating and $5.00 price target on Oclaro (NASDAQ: OCLR) as shares dip following recent ZTE "debacle". Based on the Oclaro comment that the ZTE business was running at over 10% of demand, Needham thinks in order to stay within the guidance band strongly implies... More