Stifel Maintains Buy on Infinera, Maintains $7 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Ruben Roy maintains a Buy rating on Infinera (NASDAQ:INFN) with a maintained price target of $7. This reaffirms Stifel's positive outlook on Infinera's stock.
April 01, 2024 | 3:03 pm
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Stifel analyst Ruben Roy reaffirms a Buy rating on Infinera, with a price target of $7, indicating a positive outlook on the stock.
The maintenance of a Buy rating and a $7 price target by a reputable analyst suggests a strong belief in Infinera's potential for growth or recovery. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100