Needham Reiterates Buy on Infinera, Maintains $10 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ryan Koontz has reiterated a Buy rating on Infinera (NASDAQ:INFN) and maintained a $10 price target.
May 16, 2024 | 11:14 am
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Needham analyst Ryan Koontz has reiterated a Buy rating on Infinera and maintained a $10 price target, indicating confidence in the company's future performance.
The reiteration of a Buy rating and the maintenance of a $10 price target by a reputable analyst suggests a positive outlook for Infinera. This could lead to increased investor confidence and a potential short-term price increase.
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