FUD Sinks Finisar (FNSR) but Don't Believe Hype
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- Wall St futures muted as oil gains curb risk appetite after S&P record close
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- Reddit to join S&P 500 index on Aug. 18, shares leap
Jefferies Downgrades Finisar (FNSR) to Underperform; Slashes Price Target
January 18, 2013 7:40 AM ESTJefferies downgraded Finisar (NASDAQ: FNSR) from Hold to Underperform with a price target of $7.50 (from $14.00).
The firm comments, "Our checks and a recent public announcement from Intel suggest that the ultimate commercialization of highly deflationary silicon photonics technology in the... More
