- Maintaining $15 price target, analyst Troy Jensen observes several forthcoming catalysts for Oclaro, including a probable ZTE settlement, favorable industry commentary expected at the OFC Conference, as well as anticipated "near flawless execution" when Oclaro reports March-quarter figures. Further suggests limited downside given M&A potential and considers recent inventory concerns to be overblown.
- Oclaro (NASDAQ:OCLR) $9.36.