Oclaro (OCLR): Locking In Orders Through '18 - Needham

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Oclaro (OCLR) PT Raised to $15 at Piper Jaffray

February 1, 2017 9:45 AM EST

Piper Jaffray raised its price target on Oclaro (NASDAQ: OCLR) to $15.00 (from $13.00) while maintaining a Overweight rating.

Analyst Troy Jensen commented, "Oclaro reported FQ2 results in-line with the companys positive preannouncement, and provided upbeat FQ3 guidance, with revenues, gross margin and... More