When The Market Gets Them Wrong : Infinera Corporation (INFN), Cognex Corporation (CGNX)
The stocks of Infinera Corporation (NASDAQ:INFN) has been Upgraded as a Neutral from Underweight by JP Morgan in its latest research note that was published on November 13. INFN was given a price target of$7 by JP Morgan, with other Wall Street analysts also giving their reports regarding the stock. The stock also received a Hold to Underperform rating from Jefferies. This was contained in a research note published by the firm on November 07. The stock received a Buy rating and a price target of $6 to $7 in MKM Partners’s research note that was published on October 01.
Infinera’s stock is covered by 15 analysts, with 6 of them rating the stock as Buy. It has been deemed to have strong buy by none of the analysts, 8 of them have rated it as a Hold while 1 of them rated it as sell. Meanwh ...