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A statement released earlier today by Rosenblatt Securities about NeoPhotonics Corp (NYSE:NPTN) raises the target price to $13.00

In a report released on Thursday May 25, 2017 Rosenblatt Securities upped the price target of NeoPhotonics Corp (NYSE:NPTN) to $13.00 stating a potential upside of 0.45%.

On 05/09/2017, Needham Company LLC released a statement about NeoPhotonics Corp (NYSE:NPTN) upped the target price from $0.00 to $13.00 that suggested an upside of 0.52%.

Having a price of $8.98, NeoPhotonics Corp (NYSE:NPTN) traded 6.43% higher on the day. With the last stock price up -25.44% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.02% over the same period. NPTN has recorded a 50-day average of $5.57 and a two hundred day average of $7.32. Trade Volume was up over the average, with 2,332,265 shares of NPTN changing hands over the typical 1,376,350

Recent Performance Chart

NeoPhotonics Corp (NYSE:NPTN)

NeoPhotonics Corp has with a one year low of $4.61 and a one year high of $15.68 and has a market capitalization of $0.

A total of 6 brokerages have issued a ratings update on NeoPhotonics Corp. One brokerage rating the company a strong buy, four brokerages rating the company a buy, one brokerage rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $16.25.

General Company Details For NeoPhotonics Corp (NYSE:NPTN)

NeoPhotonics Corporation develops, manufactures and markets optoelectronic products that transmit, receive and switch digital optical signals for communications networks. The Company develops and manufactures Transmitter Products, Receiver Products and Switch Products that are used in ultra-high speed digital optical communications, high speed switching and provisioning, and access connections for wireless and fiber-to-the-home communications networks. The Company's products are categorized into groups, including High Speed Products and Network Products and Solutions. The High Speed Products includes products designed for 100G and beyond for telecommunication and datacenter or content provider networks and applications. Its Network Products and Solutions consist of various products designed for applications below 100G, and include 40G products. The Company combines its transmitter and receiver products into Transceiver modules.

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