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Enter Symbol:
 
Oclaro Inc. (OCLR) [hlAlert]

Rating:
Buy OCLR
3 Months Gains
down 18.20 %

Oclaro Inc. (OCLR) rated Buy with price target $4.50 by Needham

Posted on: Wednesday,  Nov 4, 2015  10:25 AM ET by Needham

Oclaro Inc. (NASDAQ: OCLR)
rated Buy with price target $4.50 by Needham.

Oclaro, Inc., formerly Bookham, Inc., designs, manufactures and market optical components, modules and subsystems that generate, detect, amplify, combine and separate light signals principally for use in fiber optics communications networks. The Company operates in two business segments: telecom and advanced photonics solutions. Its telecom segment relates to the design, development, manufacture, marketing and sale of optical component products to telecommunications systems vendors. advanced photonics solutions which is focused on the design, manufacture, marketing and sale of optics and photonics solutions for markets including material processing, medical, industrial, printing and biotechnology. It principally sell its transmission and regeneration and optical routing products to telecommunications systems and components vendors, as well as to customers in data communications, military and aerospace.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/4/2015 10:25 AM Buy
None
3.35 4.50
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/3/2015 8:25 AM Buy
None
3.75
7/13/2012 8:25 AM Hold
None
2.52

(*) Stock Price at the time of the recommendation.
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