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Fly News Breaks for June 19, 2017
INFN
Jun 19, 2017 | 08:51 EDT
After meeting with Infinera management, Needham analyst Alex Henderson said that they insist their deal pipeline is "the strongest in the company's history." The analyst, who reads this as suggesting a reacceleration in demand, raised his price target on the stock to $14.50 from $13.50 and keeps a Strong Buy rating on Infinera shares.
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