Morgan Stanley Sticks to Their Hold Rating for Finisar Corp (FNSR)


In a report released today, Meta Marshall from Morgan Stanley maintained a Hold rating on Finisar Corp (FNSR), with a price target of $25. The company’s shares closed yesterday at $23.44.

According to TipRanks.com, Marshall is a 3-star analyst with an average return of 2.0% and a 66.7% success rate. Marshall covers the Consumer Goods sector, focusing on stocks such as CommScope Holding, Lumentum Holdings, and Ciena Corp.

Currently, the analyst consensus on Finisar Corp is a Hold with an average price target of $23.61.

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The company has a one-year high of $25.41 and a one-year low of $14.25. Currently, Finisar Corp has an average volume of 3.11M.

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Finisar Corp. is an optical communications company, which engages in the provision of components and subsystems to networking equipment manufacturers, data center operators, telecom service providers, consumer electronics and automotive companies.

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