Breaking: Infinera (NASDAQ: INFN) Neutral rating maintained by B. Riley FBR Today; The given PT is $ 6.5



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November 6, 2018 – By Michael Collier

Infinera Corporation logo (NASDAQ: INFN)

Investor sentiment decreased to 1.08 in 2018 in the second quarter. Its decrease of 0.03, of 1.11 in 2018Q1. It is negative, with 23 investors selling Infinera Corporation shares and 37 having reduced their holdings. 20 funds opened positions while 45 increased their holdings. 122.04 million shares, or 0.06% more than the 121.97 million shares of the first quarter of 2018 were published.

15,084 were reported by Great West Life Assurance Can. Concourse Mngmt Lc invested in 79,538 shares. The Royal Bank of Canada invested in 149,135 shares. Geode Capital Mgmt Ltd. Liability Corp. reported 1.53 million shares. In addition, Rhumbline Advisers has a 0% interest in Infinera Corporation (NASDAQ: INFN). Fisher Asset Management Limited Com has invested 0.08% in Infinera Corporation (NASDAQ: INFN). Proshare Advsr Limited Partnership holds 0% or 19,649 shares in its portfolio. Dr. Shaw Com reported a participation of 913,670 shares. The New York State Pension Fund reported holding 246,228 shares. Gru One Trading LP invested 0% in Infinera Corporation (NASDAQ: INFN). Northern Tru Corp. reported 1.92 million euros. Aristotle Boston Lc owns 373,977 shares. In addition, Susquehanna Interest Grp Llp has a 0% interest in Infinera Corporation (NASDAQ: INFN). Bluecrest Cap Mngmt Ltd holds 26,926 shares, or 0.01% of their US portfolio. Dubuque National Bank & Tru holds 1,100 shares.

Infinera (NASDAQ: INFN) reaffirmation of the notation

The financial firm has just set a target price per share of $ 6.5 on Infinera (NASDAQ: INFN) actions. This represents 3.67% of the closing price. In a research report sent to investors and clients Monday morning, B. Riley FBR reconfirmed his neutral rating on the shares of INFN.

Coverage of Infinera Corporation (NASDAQ: INFN) rankings

Of the 8 badysts covering Infinera (NASDAQ: INFN), 3 have a purchase rating, 3 a sale and 2 a jack. So 38% are positive. Infinera has a maximum target of $ 1,300 and a minimum target of $ 5.5. The average target of $ 8.63 is 37.64% higher than the current price of $ 6.27. Infinera had 11 badyst reports since May 8, 2018 according to SRatingsIntel. Goldman Sachs lowered the title to "Hold" in his report of Wednesday, June 20th. The note was maintained by William Blair on Wednesday, May 30 with "Buy". On Thursday, May 10, William Blair maintained the stock market rating with "Buy". FBR Capital maintained the shares of INFN in the report of Thursday, August 2 with the notation "Neutral". The title Infinera Corporation (NASDAQ: INFN) has the rating "Sale" given Monday, October 1 by M Partners. Raymond James lowered the title to "Underperform" in Tuesday's report. The company earned an "overweight" rating from Morgan Stanley on Tuesday, September 25th. Infinera Corporation (NASDAQ: INFN) shares received Jefferies' Underperform rating on Tuesday, May 29th. FBR Capital downgraded the rating of Infinera Corporation (NASDAQ: INFN) rated on Tuesday, May 8. FBR Capital has a "Maintenance" rating and a target of $ 1,300. The company was modernized on Tuesday, July 24th by Northland Capital.

The stock increased by 2.62% or $ 0.16 during the last trading session to reach $ 6.27. About 3.55 million shares were traded, 32.63% above average. Infinera Corporation (NASDAQ: INFN) has decreased 14.67% since November 6, 2017 and is down. It underperformed the S & P500 by 30.29%.

Infinera Corporation provides equipment, software and optical transport network services worldwide. The company has a market capitalization of $ 1.09 billion. The company's product portfolio includes the Infinera DTN-X family of Terabit-clbad transport network platforms, including the XTC, XTS and XT series; and the Infinera DTN platform supporting various optical and Ethernet transport network client interfaces for long distance, submarine, and regional mesh networks. He currently has negative gains. It also provides the Infinera XTM Series operator-clbad packet-based transport platform, which enables high-performance metropolitan networks with application-specific, application-aware functionality. Infinera XTG Series, a family of pbadive optical time division multiplexing products for metro access applications; and Infinera Cloud Xpress Family from multiple platforms designed to meet the diverse needs of cloud service providers, Internet content providers, ISPs, enterprises, and other large-scale data center operators.

More information about Infinera Corporation (NASDAQ: INFN) was recently released by: Globenewswire.com, titled: "TalkTalk Expands the UK Metropolitan Network with Infinera" on 08 October 2018. Article from Globenewswire.com titled: "Network Aloo Telecom's Balance Through Brazil with Infinera "and published on October 15, 2018 is another important article.

Table of institutional positions of Infinera Corporation (NASDAQ: INFN)

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By Michael Collier

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