Jefferies Downgrades Finisar (FNSR) to Underperform; Slashes Price Target
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FUD Sinks Finisar (FNSR) but Don't Believe Hype
January 22, 2013 9:32 AM ESTLast Friday Finisar Corp. (Nasdaq: FNSR) stock dropped on rumors that Intel (Nasaq: INTC) was becoming a threat. The selloff is being liked to innuendo that CPAK advances put Intel in close competition with Finisar. These fears are misguided in the view of Needham... More
