In-Depth Examination Of 6 Analyst Recommendations For Infinera
Portfolio Pulse from Benzinga Insights
Infinera (NASDAQ:INFN) has received varied analyst ratings over the past three months, with a majority being bullish. The average 12-month price target has increased to $7.5, reflecting a 21.56% rise from the previous target. Analysts have maintained or raised their ratings, indicating positive sentiment towards the company's future performance. Infinera has shown strong revenue growth and profitability, but faces challenges with its return on equity and high debt-to-equity ratio.
May 15, 2024 | 4:01 pm
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Infinera has received predominantly bullish ratings from analysts, with an increased average price target of $7.5. The company has shown strong revenue growth and profitability, but its high debt-to-equity ratio and lower return on equity are concerns.
The majority of analysts have given bullish ratings, and the average price target has increased significantly. This positive sentiment is likely to drive short-term price appreciation. However, the high debt-to-equity ratio and lower return on equity could temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100