Jefferies Maintains Bullish View on Infinera (INFN)

March 5, 2013 8:44 AM EST
Get Alerts INFN Hot Sheet
Price: $8.73 --0%

Rating Summary:
    12 Buy, 8 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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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.

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