Finisar (FNSR) is downgraded to Sell by Jefferies' James Kisner, also cutting his price target...

|About: Finisar Corporation (FNSR)|By:, SA News Editor

Finisar (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.