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JDSU shares climb after Citi starts at 'Buy'

Quick ReadJDS Uniphase shares advance after Citi starts coverage with 'Buy' rating

NEW YORK (AP) — Shares of JDS Uniphase Corp. headed higher Wednesday after a Citi Investment Research analyst started coverage of the communications equipment maker with a "Buy" rating.

Analyst Kevin J. Dennean set a target price of $9.50 for the company's shares.

"We believe many need to re-familiarize themselves with the 'new' JDSU in light of changing business mix," he wrote in a...

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