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Infinera Corp. (INFN) Stock: Do Analysts Think You Should Sell?

Wednesday, November 29, 2023 11:43 AM | InvestorsObserver Analysts

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Infinera Corp. (INFN) Stock: Do Analysts Think You Should Sell?

Analysts who follow Infinera Corp. (INFN) on average expect it to gain 53.41% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns the stock an Analyst Ranking of 25, which means it ranks higher than 25 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 3.7
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!

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Infinera Corp. Stock Today?

Infinera Corp. (INFN) stock has fallen -0.13% while the S&P 500 has risen 0.09% as of 11:43 AM on Wednesday, Nov 29. INFN has fallen -$0.01 from the previous closing price of $3.96 on volume of 628,359 shares. Over the past year the S&P 500 is higher by 15.19% while INFN has fallen -38.79%. 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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