Finisar (FNSR: Nasdaq) By MKM Partners ($25.25, June 13, 2014) Finisar’s China long-term-evolution-related business has turned out to be larger and more margin-dilutive than expected. We are reducing Finisar’s (ticker: FNSR) fiscal 2015 earnings-per-share estimate and price target. Our fiscal 2015 revenue forecast increases by $50 million to $1.
Posted: 2014-06-16 13:00:00