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Needham & Company Reiterates Buy on Infinera (INFN) Following a 3Q Beat and Raise
October 28, 2015 10:24 AM EDTNeedham & Company reiterated a Buy rating and $24.00 price target on Infinera Corp. (NASDAQ: INFN) following the company's 3Q earnings results and updated guidance. INFN is increasing CY15 revenue guidance to $885 million from $878 million, and EPS to $0.77 from $0.69. With Core Infinera growth of 26% and overall... More
