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 $7 price target.
May 15, 2024 | 11:47 am
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Stifel analyst Ruben Roy has reiterated a Buy rating on Infinera with a $7 price target, indicating confidence in the company's future performance.
The reaffirmation of a Buy rating and a $7 price target by a reputable analyst suggests a positive outlook for Infinera's stock. This could boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100