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Ciena Sees 'Early Signs Of A Recovery,' 3 Analysts Dive Into Q2 Results
Friday, June 7, 2024 - 12:44pm | 504Shares of Ciena Corp (NYSE:CIEN) declined by 4.82% to $46.21 at last check on Friday, even after the company reported upbeat results for its fiscal second quarter. The slump comes as analysts provide key takeaways on the company’s latest earnings: B Riley analyst Dave Kang maintained a Buy...
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B. Riley Upgrades NeoPhotonics On Strong Non-Huawei Demand
Tuesday, September 1, 2020 - 12:33pm | 316Huawei is now de-risked and demand from non-Huawei customers remains strong, which should diversify NeoPhotonics Corp’s (NYSE: NPTN) customer base and improve its quality of earnings, according to B. Riley. The NeoPhotonics Analyst: Dave Kang upgraded NeoPhotonics from Neutral to Buy, ...
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B. Riley Downgrades Fabrinet, II-VI, Says Optical Companies 'Will Suffer The Consequences' Of Tariffs
Tuesday, September 4, 2018 - 3:20pm | 475Shares of optical technology companies Fabrinet (NYSE: FN) and II-VI Inc. (NASDAQ: IIVI) were slipping Tuesday after B. Riley FBR downgraded the stocks due to macroeconomic uncertainty and valuation reasons. The Analyst B. Riley Financial analyst Dave Kang downgraded Fabrinet from Buy to...
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Potential Winners And Losers In The Optical Space From The Tariff Dispute
Wednesday, July 18, 2018 - 1:47pm | 453The auto and agriculture industries are getting plenty of headlines related to the international trade war. However, B. Riley analyst Dave Kang says the trade war could have a big under-the-radar impact on the optical components industry as well. What To Know President Trump’s proposed...
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5 Reasons B Riley Turned Bullish On II-VI
Tuesday, March 20, 2018 - 2:32pm | 367II-VI, Inc. (NASDAQ: IIVI), an electronic component manufacturing company, presented last week at the OFC Conference and management's takeaway in part helped turn B Riley bullish on the stock. The Analyst B Riley FBR's Dave Kang upgraded II-VI's stock from Neutral to Buy with a...