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

Rating:
Mkt Outperform
OCLR
down 70.85 %

Oclaro Inc. (OCLR) rated Mkt Outperform with price target $15 by Avondale

Posted on: Wednesday,  Jun 1, 2011  12:25 PM ET by Avondale

Avondale rated Mkt Outperform Oclaro Inc. (NASDAQ: OCLR) on 06/01/2011, when the stock price was $9.40. Since
then, Oclaro Inc. has lost 70.85% as of 12/18/2015's recent price of $2.74.
If you would have followed this Avondale's recommendation on OCLR, you would have lost 70.85% of your investment in 1661 days.

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.

Avondale’s research analysts are charged with producing high quality, independent, value-added, and timely investment analysis / advice. The firm’s strategy is to deemphasize maintenance research, and instead direct the overwhelming majority of our efforts on developing well-constructed, actionable recommendations, in part by leveraging proprietary networks of industry contacts. Avondale’s growing research department now totals 25 professionals. Senior analysts average 14 years of industry experience and are routinely recognized by a variety of nationally known rating entities. In the last two years, Avondale Analysts were named to the Wall Street Journal’s Best on the Street poll as well as Forbes.com’s Top Analyst Rankings.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/1/2011 12:25 PM Buy
None
9.40 15.00
as of 12/30/2011
1 Week down  -8.44 %
1 Month down  -9.32 %
3 Months down  -22.52 %
1 YTD down  -70.00 %

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