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Fly News Breaks for May 26, 2017
INFN
May 26, 2017 | 05:42 EDT
Wells Fargo analyst Jess Lubert upgraded Infinera to Outperform saying new products over the next few quarters should positively impact the company's ability to capture share in the data center interconnect vertical. Infinera should return to growth in the second half of 2017, Lubert tells investors in a research note after meetings with management. The analyst raised his price target for the shares to $13 from $10.
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