Needham Reiterates Strong Buy on Infinera, Maintains $10 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Alex Henderson reiterated a Strong Buy rating on Infinera (NASDAQ:INFN) and maintained a $10 price target.

March 07, 2024 | 12:03 pm
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Needham analyst Alex Henderson reiterated a Strong Buy rating on Infinera and maintained a $10 price target.
The reiteration of a Strong Buy rating and maintenance of a $10 price target by a reputable analyst like Alex Henderson from Needham is likely to instill confidence among investors and could lead to a positive short-term impact on Infinera's stock price. Analyst ratings, especially those with a strong buy recommendation, can significantly influence investor sentiment and stock prices.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100