Rosenblatt Maintains Buy on Infinera, Lowers Price Target to $6
Portfolio Pulse from richadhand@benzinga.com
Rosenblatt analyst Mike Genovese has maintained a 'Buy' rating on Infinera (NASDAQ:INFN), but lowered the price target from $8.5 to $6.

August 10, 2023 | 11:59 am
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Infinera's price target has been lowered from $8.5 to $6 by Rosenblatt, although the 'Buy' rating is maintained.
The lowering of the price target by Rosenblatt indicates a potential decrease in the stock's value. However, the maintained 'Buy' rating suggests that the stock is still expected to perform well in the long term. This could lead to short-term negative impact on the stock price.
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IMPORTANCE 80
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