Tag: China Techfaith Wireless Comm Tech

  • Networking & Communication Devices: Finisar Corporation (NASDAQ:FNSR), China Techfaith Wireless Comm (NASDAQ:CNTF), Black Box Corporation (NASDAQ:BBOX), Cisco Systems (NASDAQ:CSCO), Juniper Networks (NYSE:JNPR)

    Analysts at RBC Capital upgraded shares of Finisar Corporation (NASDAQ:FNSR) from a “sector perform” rating to an “outperform” rating in a research note on Friday. They now have a $30.00 price target on the stock, up previously from $26.00. Finisar Corporation (NASDAQ:FNSR) net profit margin is 8.00% and weekly performance is -0.04%. On last trading day company shares ended up $24.85. Analysts mean target price for the company is $29.18. Finisar Corporation (NASDAQ:FNSR) distance from 50-day simple moving average is -1.42%.

    TheStreet cut shares of China TechFaith (NASDAQ:CNTF) from a hold rating to a sell rating in a research note issued to investors on Monday. China Techfaith Wireless Comm. Tech. Ltd (NASDAQ:CNTF) shares advanced 7.87% in last trading session and ended the day on $1.37. CNTF Gross Margin is 15.70% and its return on assets is -0.90%. China Techfaith Wireless Comm. Tech. Ltd (NASDAQ:CNTF) quarterly performance is -52.26%.

    Black Box Corp. (NASDAQ:BBOX) was downgraded by analysts at TheStreet from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Monday. Black Box Corporation (NASDAQ:BBOX) shares moved up 7.23% in last trading session and was closed at $24.62, while trading in range of $22.62-$24.69. Black Box Corporation (NASDAQ:BBOX) year to date performance is -17.08%.

    Cisco Systems, Inc. (NASDAQ:CSCO) on June 5, 2014 unveiled its new executive-level team for Indian operations. The team includes Dinesh Malkani as the President (Sales) for India and South Asian Association for Regional Cooperation (SAARC) Region. Cisco Systems, Inc. (NASDAQ:CSCO) ended the last trading day at $24.70. Company weekly volatility is calculated as 1.19% and price to cash ratio as 2.51. Cisco Systems, Inc. (NASDAQ:CSCO) showed a positive weekly performance of 0.08%.

    Juniper Networks, Inc. (NYSE:JNPR) recently made an important argument for its shareholders by winning a $175 million settlement related to patent infringement. The company tookPalo Alto Networks Inc (NYSE:PANW) to task for infringing its firewall-related patent. Juniper Networks, Inc. (NYSE:JNPR) net profit margin is 9.60% and weekly performance is -2.55%. On last trading day company shares ended up $24.80. Analysts mean target price for the company is $28.87. Juniper Networks, Inc. (NYSE:JNPR) distance from 50-day simple moving average is -0.88%.