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Fly News Breaks for July 28, 2016
INFN
Jul 28, 2016 | 05:50 EDT
B. Riley analyst David Kang downgraded Infinera to Neutral and lowered his price target for the shares to $10.50 from $18 following the company's Q2 results. Infinera is caught in a "perfect storm," Kang tells investors in a post-earnings research note.