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Raymond James upgraded Finisar (FNSR), a maker of components for fiber-optic networks, to strong buy from outperform Friday, sending Finisar stock up 2.5% in midday trading in the stock market today. Analyst Simon Leopold pointed to strong trends in data communications. He expects data center spending to increase, and cited the migration from copper to optical technology and the continued growth of Web 2.0. IBD noted Thursday that Finisar’s stock Scalper1 News
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