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Finisar (FNSR) is downgraded to Sell by Jefferies' James Kisner, also cutting his price target...
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Friday, January 18, 9:28 AM ETFinisar (FNSR) is downgraded to Sell by Jefferies' James Kisner, also cutting his price target by a whopping $6.50 to $7.50. "The commercialization of highly deflationary silicon photonics technology in the data center is likely no longer in doubt," he writes, and that's bad news for Finisar's Datacom business. Shares -9% premarket.
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