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Several investment firms have updated their stock ratings and price targets on shares of JDS Uniphase Corp (NASDAQ: JDSU) in the last week:

  • JDS Uniphase Corp had its “neutral” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a $11.00 price target on the stock, down previously from $12.50.
  • JDS Uniphase Corp was downgraded by analysts at Piper Jaffray from an “overweight” rating to a “neutral” rating. They now have a $12.00 price target on the stock, down previously from $14.00.
  • JDS Uniphase Corp had its price target raised by analysts at S&P Equity Research from $0.11 to $0.24. They now have a “hold” rating on the stock.
  • JDS Uniphase Corp was downgraded by analysts at B. Riley from a “buy” rating to a “neutral” rating. They now have a $11.75 price target on the stock, down previously from $15.50.
  • JDS Uniphase Corp had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $14.50 price target on the stock, down previously from $16.00.
  • JDS Uniphase Corp was downgraded by analysts at Argus from a “buy” rating to a “hold” rating. They now have a $438.00 price target on the stock.

JDS Uniphase Corp (NASDAQ:JDSU) traded up 1.15% during mid-day trading on Monday, hitting $10.99. The stock had a trading volume of 3,618,283 shares. JDS Uniphase Corp has a one year low of $10.29 and a one year high of $16.61. The stock has a 50-day moving average of $11.93 and a 200-day moving average of $12.47. The company’s market cap is $2.575 billion.

JDS Uniphase Corp (NASDAQ:JDSU) last announced its earnings results on Tuesday, August 12th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.01. The company had revenue of $448.60 million for the quarter, compared to the consensus estimate of $437.09 million. On average, analysts predict that JDS Uniphase Corp will post $0.62 earnings per share for the current fiscal year.

JDS Uniphase Corporation is a provider of communications test and measurement solutions and optical products for telecommunications service providers, wireless operators, cable operators, network-equipment manufacturers (NASDAQ:JDSU), and enterprises.

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