Jefferies Upgrades Infinera Corp. (INFN) to Buy

May 17, 2012 7:00 AM EDT
Get Alerts INFN Hot Sheet
Price: $6.64 --0%

Rating Summary:
    10 Buy, 14 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Jefferies upgraded Infinera Corp. (NASDAQ: INFN) from Hold to Buy with a price target of $8.50.

The firm comments, "With the stock in the tank and the DTN-X generating early traction with customers, we think the risk/reward on the shares is very attractive right now."

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 $6.03 yesterday.


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