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Enter Symbol:
Rating: JDSU
Sector Perform $8

Viavi Solutions Inc. (NASDAQ: VIAV) reiterated to Sector Perform with price target $8 by RBC Capital Mkts

Monday,  Aug 10, 2015  8:25 AM ET by Dave Ficere

RBC Capital Mkts reiterated Viavi Solutions Inc. (NASDAQ: VIAV) to Sector Perform with
price target $8. Previously RBC Capital Mkts rated Sector Perform with price target $15 Viavi Solutions Inc. (NASDAQ: VIAV) on 03/28/2014, when the stock price was $13.56.

JDS Uniphase Corporation (JDSU) is a provider of communications test and measurement solutions and optical products for telecommunications service providers, cable operators, and network equipment manufacturers. The Company is also a provider of optical solutions for biomedical and environmental instrumentation, semiconductor processing, aerospace and defense, brand authentication, visual display and custom color product differentiation applications. The Company operates in three segments: Communications Test and Measurement (CommTest), which accounted for approximately 47% of net revenue, during the fiscal year ended June 27, 2009 (fiscal 2009); Communications and Commercial Optical Products (CCOP), which accounted for approximately 37% of net revenue in fiscal 2009; and Advanced Optical Technologies (AOT), which accounted for approximately 16% of net revenue in fiscal 2009. In July 2009, the Company acquired Network Tools business of Finisar Corporation.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.

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