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01/20/12 9:43 AM

#267 RE: chmcnfunds #266

JDS Uniphase (JDSU) Shares Upgraded by Stifel Nicolaus to “Buy”
Posted by LUSA Staff on Jan 19th, 2012 // No Comments

JDS Uniphase (NASDAQ: JDSU) was upgraded by Stifel Nicolaus from a “hold” rating to a “buy” rating in a research note issued on Thursday.

Separately, analysts at Zacks Investment Research reiterated a “neutral” rating on shares of JDS Uniphase in a research note to investors on Monday, December 19th. They now have a $10.00 price target on the stock. Analysts at UBS AG (NYSE: UBS) initiated coverage on shares of JDS Uniphase in a research note to investors on Friday, December 9th. They set a “buy” rating and a $13.00 price target on the stock. Also, analysts at Jefferies Group (NYSE: JEF) initiated coverage on shares of JDS Uniphase in a research note to investors on Wednesday, December 7th. They set a “buy” rating and a $14.75 price target on the stock.

JDS Uniphase Corporation (JDSU) is a provider of communications test and measurement solutions and optical products for telecommunications service providers, wireless operators, cable operators, and network equipment manufacturers. The Company is also a provider of communications test and measurement solutions and optical products for telecommunications service providers, wireless operators, cable operators, and network equipment manufacturers. The Company operates in three segments: Communications Test and Measurement (CommTest), Communications and Commercial Optical Products (CCOP) and Advanced Optical Technologies (AOT). During the fiscal year ended July 3, 2010, (fiscal 2010), these segments accounted for approximately 47%, 37% and 16% of its revenues respectively. In May 2010, JDSU completed the acquisition of the Network Solutions Division (NSD) of Agilent Technologies, Inc. (Agilent).

JDS Uniphase traded up 2.29% on Thursday, hitting $12.93. JDS Uniphase has a 52-week low of $8.59 and a 52-week high of $29.12. The stock has a 50-day moving average of $10.68 and a 200-day moving average of $11.74. The company has a market cap of $2.963 billion and a price-to-earnings ratio of 45.14.
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http://localizedusa.com/2012/01/19/jds-uniphase-jdsu-shares-upgraded-by-stifel-nicolaus-to-buy/

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