Wall Street is positive on Infinera Corp. (INFN). On average, analysts give INFN a Buy rating. The average price target is $6.075, which means analysts expect the stock to rise by 44.30% over the next twelve months.
That average ranking earns INFN an Analyst Rating of 25, which is better than 25% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating INFN a Buy today. Find out what this means to you and get the rest of the rankings on INFN!
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What's Happening With Infinera Corp. Stock Today?
Infinera Corp. (INFN) stock has fallen -4.43% while the S&P 500 is higher by 0% as of 10:06 AM on Thursday, Nov 16. INFN has fallen -$0.20 from the previous closing price of $4.40 on volume of 242,892 shares. Over the past year the S&P 500 is up 13.74% while INFN has fallen -35.53%. INFN lost -$0.03 per share the over the last 12 months.
Click Here to get the full Stock Report for Infinera Corp. stock.
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