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Enter Symbol:
Rating: JDSU
Buy $7.50

Viavi Solutions Inc. (NASDAQ: VIAV) reiterated to Buy with price target $7.50 by UBS

Thursday,  Aug 13, 2015  11:25 AM ET by Lynn Gilbert

UBS reiterated Viavi Solutions Inc. (NASDAQ: VIAV) to Buy with price target
$7.50. Previously, UBS rated Viavi Solutions Inc. (NASDAQ: VIAV) to Buy with price target $17 on 10/21/2014, when the stock price was valued at $12.33.

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.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.

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