Raymond James Sticks to Their Sell Rating for NeoPhotonics (NPTN)
Raymond James analyst Simon Leopold maintained a Sell rating on NeoPhotonics (NPTN) yesterday. The company’s shares closed last Thursday at $11.20.
According to TipRanks.com, Leopold is a 4-star analyst with an average return of 9.7% and a 62.0% success rate. Leopold covers the Technology sector, focusing on stocks such as Telefonaktiebolaget LM Ericsson, Hewlett Packard Enterprise, and Applied Optoelectronics.
NeoPhotonics has an analyst consensus of Moderate Buy, with a price target consensus of $15.00.
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The company has a one-year high of $14.14 and a one-year low of $5.75. Currently, NeoPhotonics has an average volume of 863.3K.
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NeoPhotonics Corp. engages in the design, manufacture, and sale of hybrid photonic integrated optoelectronic modules and subsystems for bandwidth-intensive communications networks. Its product portfolio includes pluggable coherent modules, coherent-components, 100G/400G client transceivers, optical switching, high speed ICs, 100G / 400G laser devices and light engines, passive components, network monitoring and control, and 10G and low rate components. The company was founded on October 31, 1996 and is headquartered in San Jose, CA.