Infinera (INFN) Tops Q2 EPS by 2c

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Infinera (INFN) PT Lifted to $30 at Jefferies on Strong Q2

July 23, 2015 7:55 AM EDT

Jefferies analyst George Notter reiterated a Buy rating and boosted his price target on Infinera Corp. (NASDAQ: INFN) to $30.00 (from $27.00) following strong Q2 results.

commented, "Infinera delivered a stronger-than-expected Q2 and guided for another strong Q3. We still believe the Street significantly... More