Rosenblatt Reiterates Buy on Infinera, Maintains $6 Price Target
Portfolio Pulse from richadhand@benzinga.com
Rosenblatt analyst Mike Genovese has reiterated a 'Buy' rating on Infinera (NASDAQ:INFN) and maintained a price target of $6.
August 25, 2023 | 11:28 am
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Infinera's stock rating has been reiterated as 'Buy' by Rosenblatt analyst Mike Genovese, with a maintained price target of $6.
The reiteration of a 'Buy' rating by a respected analyst like Mike Genovese is a positive signal for Infinera. The maintained price target of $6 also indicates confidence in the company's performance. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100