Jefferies Maintains Hold on Infinera, Raises Price Target to $4.5
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst George Notter maintains a Hold rating on Infinera (NASDAQ:INFN) and raises the price target from $4 to $4.5.
March 07, 2024 | 6:38 pm
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POSITIVE IMPACT
Jefferies maintains a Hold rating on Infinera and raises the price target to $4.5.
The increase in price target by Jefferies suggests a positive outlook on Infinera's stock, potentially leading to increased investor interest and a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100