Morgan Stanley Maintains Equal-Weight on Infinera, Lowers Price Target to $4.6
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Meta Marshall has maintained an Equal-Weight rating on Infinera (NASDAQ:INFN) and lowered the price target from $5 to $4.6.
August 10, 2023 | 2:33 pm
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Morgan Stanley has maintained an Equal-Weight rating on Infinera and lowered the price target from $5 to $4.6.
The lowering of the price target by Morgan Stanley indicates a less optimistic outlook for Infinera's stock, which could potentially lead to a decrease in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100