Morgan Stanley Maintains Equal-Weight on Infinera, Raises Price Target to $6.65
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Morgan Stanley maintains an Equal-Weight rating on Infinera (NASDAQ:INFN) and raises the price target from $5.4 to $6.65.
June 28, 2024 | 3:50 pm
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Morgan Stanley maintains an Equal-Weight rating on Infinera and raises the price target from $5.4 to $6.65.
The raised price target from $5.4 to $6.65 by Morgan Stanley indicates a positive outlook for Infinera, which could lead to a short-term increase in stock price. However, the Equal-Weight rating suggests a balanced view, tempering the overall impact.
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