Infinera (INFN) Reports In-Line Q3 EPS, Q4 Guidance Misses Views
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November 7, 2018 8:49 AM EST
Needham & Company analyst Alex Henderson lowered the price target on Infinera Corp. (NASDAQ: INFN) to $9.00 (from $14.00) while maintaining a Strong Buy rating.
Henderson commented, "It appears that the crush associated with merging two companies is causing duress and Infinera is offering a lower... More
November 7, 2018 8:48 AM EST
MKM Partners analyst Michael Genovese lowered the price target on Infinera Corp. (NASDAQ: INFN) to $4.25 (from $5.50) while maintaining a Sell rating.
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November 7, 2018 4:57 AM EST
Nomura/Instinet analyst Jeffrey Kvaal downgraded Infinera Corp. (NASDAQ: INFN) from Buy to Neutral with a price target of $6.00 (from $12.00).
The analyst comments "Soft F3Q revenues and soft F4Q guidance illustrated 1) the ICE4 cycle has not brought an organic... More
