Jefferies Maintains Bullish View on Infinera (INFN)

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Jefferies reiterated its Buy rating and $9 price target on Infinera Corp. (NASDAQ: INFN), saying risk/reward is favorable.

"We still think the risk/reward on the stock is favorable," the analyst said. "As we've mentioned before, we think this story is compelling longer term – especially if the company can execute from a sales and marketing perspective with Tier 1 operators."

For an analyst ratings summary and ratings history on Infinera Corp. click here. For more ratings news on Infinera Corp. click here.

Shares of Infinera Corp. closed at $6.53 yesterday, with a 52 week range of $4.33-$8.32.

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