Infinera Stock Upgraded: What You Need To Know

Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...Shares of optical network equipment supplier Infinera Corporation (NASDAQ: INFN) have disappointed investors mightily over the past year, underperforming the S&P 500 by nearly 30 percentage points -- but one analyst expects that to change soon.This morning, equity research firm MKM Partners announced it is upgrading Infinera shares from neutral to buy and raising its price target 40%, to $14 per share.

BING NEWS:
  • Stock market today: Wall Street’s scorching rally sets more records as hopes rise for rate cuts
    U.S. stocks are sticking near their records following a jobs report that showed a slowdown in hiring and contained nuggets of data for both optimists and pessimists.
    07/5/2024 - 9:26 am | View Link
  • Stock market today: US stocks close at record highs after dovish June jobs report
    US stocks closed at fresh record highs on Friday after a dovish June jobs report. The gains were led by the technology sector, with the Nasdaq 100 closing up nearly 1%, while the S&P 500 rose about a ...
    07/5/2024 - 9:17 am | View Link
  • Stock Market News: S&P 500, Nasdaq Composite Mark Record Closes
    The S&P 500 rose 0.5%, topping its record close from Wednesday. The Nasdaq Composite, which also closed at a record on Wednesday, was up another 0.9% to move the milestone higher. The Dow Jones ...
    07/5/2024 - 9:08 am | View Link
  • Stock Market Today: S&P 500 and Nasdaq Hit Records as Jobs Growth Slows
    As for the main indexes, the tech-heavy Nasdaq Composite added 0.9% to 18,352 while the S&P 500 gained 0.5% to 5,567. Both indexes closed at record levels. The blue-chip Dow Jones Industrial Average ...
    07/5/2024 - 9:06 am | View Link
  • Google: The Cheapest Stock In The Magnificent 7
    Total capex in FY2024 is projected to grow by 52% YoY, focusing on the Gemini foundation model and other AI infrastructure, aiming to sustain its long-term AI growth story. The stock is currently ...
    07/5/2024 - 12:25 am | View Link
  • More
BING SEARCH:
  • Infinera Corp (INFN) Stock Price & News
    Get the latest Infinera Corp (INFN) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions.
    07/3/2024 - 12:39 am | View Website
  • Infinera Corporation (INFN) Stock Price, News, Quote & History
    Find the latest Infinera Corporation (INFN) stock quote, history, news and other vital information to help you with your stock trading and investing.
    07/2/2024 - 5:15 pm | View Website
  • INFN: Infinera Corp
    Infinera Corp. INFN. : NASDAQ. EXPORT. WATCHLIST +. RT Quote | Last NYSE Arca, VOL From CTA | USD. After Hours: Last | 4:00 AM EDT. 6.10 -0.01 (-0.16%)
    07/2/2024 - 7:07 am | View Website
  • Infinera
    Get the latest Infinera Corporation INFN detailed stock quotes, stock data, Real-Time ECN, charts, stats and more.
    07/1/2024 - 1:20 pm | View Website
  • Infinera Corporation (INFN) Stock Price, Quote, News & Analysis
    A high-level overview of Infinera Corporation (INFN) stock. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools.
    06/30/2024 - 5:32 pm | View Website
  • More
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News