Rosenblatt Downgrades Infinera to Neutral, Lowers Price Target to $6.65
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Mike Genovese has downgraded Infinera (NASDAQ:INFN) from Buy to Neutral and lowered the price target from $8 to $6.65.
August 05, 2024 | 3:47 pm
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Rosenblatt analyst Mike Genovese downgraded Infinera from Buy to Neutral and reduced the price target from $8 to $6.65.
The downgrade from Buy to Neutral and the reduction in the price target from $8 to $6.65 by a reputable analyst is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100