11/25/2009 - JDS Uniphase Corp. (NASDAQ:JDSU) shares rose 4.2% after a Citi Investment Research analyst initiated coverage of the company with a "buy" rating, according to an AP report. Analyst Kevin J. Dennean set a price target of $9.50 for the shares. In a note to investors Dennean said, "We believe many need to re-familiarize themselves with the 'new' JDSU in light of changing business mix." He also said he expects continues growth in the segment and recovery in the company's communications and commercial optical segment as spending by telecom carriers improves.

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