Forecast Report Update: JDSU Short-Term Long Buy Yields 6.8%

In Thursday evening’s Forecast Report, JDSU, a consistently wider post-earnings mover, offered a potential target for a buy near 6.25-6.32, likely for a chance to capture some quick upside. The stock opened below our target, at 6.07, but hovered near 6.30 shortly after the pre-market open. A quick trade from the pre-market low 6.07 to the pre-market high of 6.48 is 6.8% in the black. A buy at our 6.30 target, up to the day high of 6.56 is 4% in the black.

VIEW AFTER-HOURS FORECAST REPORTS

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